02.03.2023, 09:30
Transmashholding has won a tender for the production of 200 trains in India
Source: OREANDA-NEWS
OREANDA-NEWS A joint Russian-Indian enterprise with the participation of Transmashholding JSC and the Indian railway company Rail Vikas Nigam has won a tender for the production and maintenance of 200 light trains for the railways of India.
As the Business Standard newspaper reported on Thursday, the Russian-Indian enterprise offered the lowest cost of production of 200 Vande Bharat light passenger express trains and their maintenance for 35 years. Under the terms of the contract, the trains will be produced by enterprises in the Indian states of Maharashtra, Haryana and Tamil Nadu.
Transmashholding, one of the largest Russian manufacturers of rolling stock for rail transport, is entering the Indian market for the first time at a time when the South Asian republic is under pressure from the West seeking to weaken its economic ties with Russia, Business Standard notes.
In the competition for the Indian contract, Transmashholding won over the German company Siemens, the French Alstom and the Swiss Stadler, which participated in the tender.
As the Business Standard newspaper reported on Thursday, the Russian-Indian enterprise offered the lowest cost of production of 200 Vande Bharat light passenger express trains and their maintenance for 35 years. Under the terms of the contract, the trains will be produced by enterprises in the Indian states of Maharashtra, Haryana and Tamil Nadu.
Transmashholding, one of the largest Russian manufacturers of rolling stock for rail transport, is entering the Indian market for the first time at a time when the South Asian republic is under pressure from the West seeking to weaken its economic ties with Russia, Business Standard notes.
In the competition for the Indian contract, Transmashholding won over the German company Siemens, the French Alstom and the Swiss Stadler, which participated in the tender.
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