The prototype of the sleeper version will be ready by June next year and 80 trains will be delivered to the Railways in four years from the approval of prototype.
The domestic market paused on the final trading day of the week, having earlier reached yet another record high, buoyed by positive cues from global markets. Noteworthy strength was observed in the capital goods and industrial sectors, bolstered by advancements in both manufacturing and services.
On Thursday, 2354 stocks advanced, 1504 declined, and 105 remained unchanged on BSE with an advance decline ratio of 1.56, indicating a positive closing of stocks in broader markets.
The SPV will set up a new facility in India to manufacture critical railway components and subsystems used in the manufacture of railway and metro coaches
Titagarh Rail Systems collaborates with Amber Group, shares up thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.