Indian Economy-News & Updates

[ashok321]

Railway Modernisation: Spain’s Talgo Train Successfully Completes Delhi-Mumbai Trials

The Research Design and Standards Organization (RDSO) of the Indian Railways informed on Monday that the Spanish Talgo train, known for its low maintenance cost and high speed, has successfully completed six scheduled test-runs between Delhi and Mumbai.

In its report, the organisation states that the train came close to the target time of 12-hours in three trials out of five and took less than the stipulated time in two other tests. In the one remaining test, the train lagged behind due to track flooding after a heavy downpour in Gujarat. Therefore, the report concludes that the tests were successful.

The train completed its trials at average speeds of 130, 140 and 150 kilometers per hour (kph) and took 12 hours, 11 hours, 16 minutes and 11 hours and 39 minutes respectively to complete the distance, the report said.

Talgo was selected because of its ability to run on Indian tracks, unlike other international vendors which need minor modification to the existing tracks. Its low weight, efficiency and low maintenance cost add to its advantage. With no modification required to the existing tracks, Talgo can be commissioned to the Indian Railways as soon as a decision is taken.

An option to manufacture the trains in India or a direct supply from Spain has been proposed to the government by the vendor. While direct supply from Spain will take lesser time, manufacturing in India will generate employment and build local manufacturing capacity.

 

[cloud4000]

Diaspora Dollars Dwindle: Indian Remittance Growth Slips to 12-Year Low
The World Bank predicts that the Desi diaspora will send home 5% less money this year
By
Eric Bellman
Oct 11, 2016 9:00 am IST
India’s global army of expatriates–which does everything from writing software in Silicon Valley to building skyscrapers in in Qatar–is the world’s most generous when it comes to number of dollars sent home, but this year they have become a bit stingy.

Recently released World Bank estimatespredict the Desi diaspora will send home $65.45 billion this year. While that is just above remittances into China ($65.17 billion) and tens of billions beyond any other country, it is a 5% decline from last year.

The last time India saw a bigger slide in remittances was back in 2004 when remittances fell 11%.

Globally, remittances are expected to edge up about 1% this year, the World Bank predicted, so why is India underperforming?

The main problem is that many of the Gulf Cooperation Council countries have been struggling with the decline in oil prices. That has meant they are hiring fewer Indians, providing fewer perks to their international employees and in some countries even restricting the number of foreigners that can be hired.

“This year the South Asia region would see a decline of 2.3% in remittances to the region due mainly to the impact of declining oil prices and labor market nationalization policies on remittances from GCC countries,” the report said. “Moving forward remittance growth in the region is expected to remain subdued.”

ENLARGE
Indian remittances are expected to fall in 2016. Photo: Dhiraj Singh/Bloomberg News

Some parts of the southern state of Kerala and other regions in India that depend on remittances are already starting to feel the pain from the decline in oil riches.

The World Bank expects remittance growth to return, expanding 2.2% in South Asia next year and 2.3% the year after that. Globally remittance growth will likely be stuck below 4% for years, the bank said.

“Remittances continue to be an important component of the global economy, surpassing international aid. However this ‘new normal’ of weak growth in remittances could present challenges for millions of families that rely heavily on these flows. This, in turn, can seriously impact the economies of many countries around the world bringing on a new set of challenges to economic growth,” said Augusto Lopez-Claros, Director of the World Bank’s Global Indicators Group.

For breaking news, features and analysis from India, follow WSJ India on Facebook.

http://blogs.wsj.com/indiarealtime/...ittance-growth-slips-to-12-year-low/?mod=e2fb

 

[anant_s]

Solar power to make Noida Metro India’s greenest

NOIDA: The 29.7km Noida Metro corridor will be India's greenest when it becomes operational a little over a year from now with a capacity to generate enough solar power to run not only all 21 stations but also its offices and train depot.
The practices being followed are similar to those Delhi Metro is employing in Phase-3 and some of its existing stations, but Noida Metro will stand out as India's most environment-friendly Metro project because the entire corridor will homogeneously use solar power, right from its head office to parking lots and footbridges.
Noida Metro has set a target of generating 12MW of solar power daily, its managing director Santosh Yadav said on Tuesday. For that yield, it is installing solar panels on the rooftops of all stations, footbridges, its main office building, the depot and parking lot boundary walls. "We will also apply for a diamond rating for our buildings by the Indian Green Building Council (IGBC)," Yadav said.

"Metro's total power consumption can be reduced further with better engineering practices, sleek design, recycle and reuse." Yadav said solar power will run lights, fans, elevators, escalators and air-conditioning systems at its stations and offices. The conventional power connection will be used as a supplementary source if required or as backup if there is a glitch, officials said.

Metro officials estimate the corridor's total power consumption, excluding the electricity required to run the trains and some other crucial operational facilities, will be less than the 12 MW solar power the corridor collectively generates. If there is a surplus, Metro will route it to the conventional power grid and claim a rebate on its power usage, cutting operational costs.

"Each of the stations will be powered by its own green energy. Rooftops of stations will have solar panels and the buildings will fitted with LED bulbs. The two sub-stations that will supply power for trains running on the corridor will also support solar panels," Yadav said.

The corridor, which is being built by DMRC, is also recycling construction waste. "Wasted concrete is being used to make kerbstones and tiles, which will be used at stations. We are also using wasted iron for grilles and railings of stations," Yadav said. "We are using fly ash in construction, preserving top soil. The water used in our train depot shall be 100% recycled. It will be a zero-discharge facility," he added.

Noida Metro Railway Corporation's headquarters in Sector 29 will be the first building in the NCR city to fully generate its own solar power. "We will generate about 30 kW electricity for the building," Yadav said. The project's environmental initiatives have been taken up under the terms of reference issued by the State-level Environment Impact Assessment Authority (SEIAA), which it approached after a direction from the National Green Tribunal (NGT) to obtain environmental clearance. Under those guidelines, Noida Metro must also build sound barriers along the entire line, 576 rainwater harvesting pits and plant nearly 18,000 trees to compensate for the loss of greenery because of construction.

http://economictimes.indiatimes.com...etro-indias-greenest/articleshow/54806463.cms

 

[ranjeet]

IRCTC to introduce glass ceiling coaches in Kashmir and Araku valley; check out details of this Indian Railways initiative

India has always been an incredible place to tour and its picturesque landscapes are breathtaking for any traveller. In line with the Modi government’s bid to promote tourism in the country, Indian Railways’ IRCTC is taking a leaf out of Switzerland’s books. You can soon travel by train through the Kashmir and Araku valleys, enjoying nature’s beauty through glass ceilings and panoramic windows! Yes, in the coming months, Suresh Prabhu-led Indian Railways is all set to take luxury travel to a new height, by introducing glass-ceiling luxury coaches in trains.

The coaches will be manufactured by the Integral Coach Factory (ICF) Chennai, and are expected to start plying in the coming months. Giving details about the project, S Srinivas, the Chief Design Engineer at ICF, told FE Online, “We have received an order from IRCTC for coaches with partial glass ceilings. These coaches will be attached to regular trains and will ply on the Araku Valley route in Visakhapatnam and also in Kashmir valley. We have completed the design of the coaches and will start manufacturing them now.”

What’s special about these coaches? Srinivas says that the coaches are the first of their kind in India. “The concept is similar to the windows of a Dreamliner. Not only will the coaches sport big windows to offer a panoramic view, but will also have partial glass roofs, that are special because they can be made transparent and opaque based on the hour of the day. This will be done electrically, if it is too sunny, the glass can be turned opaque as well,” he explained. And, glass ceilings are not the only special feature about these coaches! “The seats in the coaches will be premium and comfortable, offering more leg room. There will be just 40 seats in every coach to give passengers a luxurious feel. There will also be the facility of infotainment on board. The toilets will also be plush and modular with premium quality materials being used,” reveals Srinivas.

IRCTC is reported to have said that each coach will be built at a cost of Rs 4 crore. “The coaches will be ultra luxurious with rotatable chairs to provide the passengers an aerial view through the glass ceiling, IRCTC has said recently. IRCTC has been introducing new tours and packages to promote tourism across the country. One such initiative that deserves mention is the Tiger Express. The semi-luxury train takes guests onboard to the famous Bandhavgarh and Kanha National Parks in Madhya Pradesh. On these lines, there are also plans to roll out a ‘Kaziranga Express’ for Assam.

http://www.financialexpress.com/ind...-travel-suresh-prabhu-indian-railways/415091/

 

[anant_s]

Electric locomotive introduced to goods train in Pune-Daund section
PUNE: The railway administration, for the first time, attached an electric locomotive to a goods train that operated from Pune station to Daund. The train covered the distance between two stations without any hiccups. The electrification of Pune-Daund track section was completed recently.
The railway administration now plans to attach electric locomotives to passengers trains. By next week express and passenger trains will start running on electric locomotives, said officials in the administration.
The electrification work was underway in Pune-Daund section for last three years which was completed few months back. The authorities conducted trial runs of engines and trains. After successful trial runs and safety checks, it was decided to attach electric engines instead of diesel engines to regular trains.
The electric engines are expected to save journey time and also do away with the need to replace diesel and electric engines at Pune station and Daund. Regular passengers were expecting a 10 to 15 minute reduction in journey time between Pune and Daund after electrification of the entire stretch.
The railway administration plans to introduce electric local trains between Lonavla-Pune-Daund. Some infrastructural works still underway are expected to be completed in the next few months after which local trains will be introduced from Daund to Pune, officials said.

Press Release by Central Railways

(translation)

Commencement of Rail service by electric locomotive on Pune Daund Section
After completion of electrification work on Pune Daund Section, trains would be operated behind electric locomotives, in place of Diesel locomotives.

Initially from 6 October 2016, Freight trains would be operated on the route. After 10 days, passenger trains too would be operated (with electric locomotives).
Railway Administration hopes that this will prove to be a milestone and will help in providing better services to travellers.

Trial run Locomotive (WAG 7 class 28156, from New Katni Junction)

First Commercial Goods train service behind a Kanpur WAG 7 (27201)

Traction Change for trains from Diesel to Electric

 

[Ankit Kumar 002]

China’s China Railway Rolling Stock Corporation (CRRC) has won a Rs. 851 crore contract to supply 69 coaches for Nagpur Metro’s 38.215 km Phase 1 project. The Nagpur Metro Rail Corporation Ltd. (NMRCL) had invited bids for the rolling stock contract in January 2016 and plans to run 23 trains across 2 corridors – with 11 on the 19.658 km north-south line between Automotive Square & Khapri and 12 on the 18.557 km east west line between Lokmanya Nagar – Prajapati Nagar.


The trains will be 2.90 meters wide and initially run in a 3 coach configuration (Driving Motor Car + Trailer Car + Driving Motor Car) which can later be extended to 6 coaches when required. As per the project’s DPR, the 3-coach trains are expected to have a capacity of 450 passengers under normal conditions and 764 under crush conditions.

This is CRRC’s 6th project in India. Recap:

• Mumbai – Supplied 16 train-sets of 4 coaches for the 11.4 km Versova – Ghatkopar line
• Gurgaon – Supplied 12 train-sets of 3 coaches for the 12.1 km DLF Cybercity – Sector 55-56 line
• Navi Mumbai – Deliveries yet to begin for an unspecified number of trains for the 11.10 km CBD Belapur – Pendhar line (design not yet revealed)
• Kolkata – Deliveries yet to begin for 14 trains of 8 coaches for the existing and new lines (recently unveiled design)
• Noida – Deliveries yet to begin for 19 trains of 4 coaches for the Sector 71 – Gr. Noida line (design not yet revealed)

Apparently CRRC’s bid was challenged by other bidders on technical grounds, but their plea was rejected by the High Court in favor of CRRC. A formal agreement with the NMRC is expected to be signed in the coming weeks.

http://themetrorailguy.com/2016/10/12/crrc-wins-nagpur-metros-69-coach-rolling-stock-contract/

@anant_s @AndrewJin @PARIKRAMA

 

[Echo_419]

China’s China Railway Rolling Stock Corporation (CRRC) has won a Rs. 851 crore contract to supply 69 coaches for Nagpur Metro’s 38.215 km Phase 1 project. The Nagpur Metro Rail Corporation Ltd. (NMRCL) had invited bids for the rolling stock contract in January 2016 and plans to run 23 trains across 2 corridors – with 11 on the 19.658 km north-south line between Automotive Square & Khapri and 12 on the 18.557 km east west line between Lokmanya Nagar – Prajapati Nagar.


The trains will be 2.90 meters wide and initially run in a 3 coach configuration (Driving Motor Car + Trailer Car + Driving Motor Car) which can later be extended to 6 coaches when required. As per the project’s DPR, the 3-coach trains are expected to have a capacity of 450 passengers under normal conditions and 764 under crush conditions.

This is CRRC’s 6th project in India. Recap:

• Mumbai – Supplied 16 train-sets of 4 coaches for the 11.4 km Versova – Ghatkopar line
• Gurgaon – Supplied 12 train-sets of 3 coaches for the 12.1 km DLF Cybercity – Sector 55-56 line
• Navi Mumbai – Deliveries yet to begin for an unspecified number of trains for the 11.10 km CBD Belapur – Pendhar line (design not yet revealed)
• Kolkata – Deliveries yet to begin for 14 trains of 8 coaches for the existing and new lines (recently unveiled design)
• Noida – Deliveries yet to begin for 19 trains of 4 coaches for the Sector 71 – Gr. Noida line (design not yet revealed)

Apparently CRRC’s bid was challenged by other bidders on technical grounds, but their plea was rejected by the High Court in favor of CRRC. A formal agreement with the NMRC is expected to be signed in the coming weeks.

http://themetrorailguy.com/2016/10/12/crrc-wins-nagpur-metros-69-coach-rolling-stock-contract/

@anant_s @AndrewJin @PARIKRAMA

& these will be built in India?

 

[Śakra]

China’s China Railway Rolling Stock Corporation (CRRC) has won a Rs. 851 crore contract to supply 69 coaches for Nagpur Metro’s 38.215 km Phase 1 project. The Nagpur Metro Rail Corporation Ltd. (NMRCL) had invited bids for the rolling stock contract in January 2016 and plans to run 23 trains across 2 corridors – with 11 on the 19.658 km north-south line between Automotive Square & Khapri and 12 on the 18.557 km east west line between Lokmanya Nagar – Prajapati Nagar.


The trains will be 2.90 meters wide and initially run in a 3 coach configuration (Driving Motor Car + Trailer Car + Driving Motor Car) which can later be extended to 6 coaches when required. As per the project’s DPR, the 3-coach trains are expected to have a capacity of 450 passengers under normal conditions and 764 under crush conditions.

This is CRRC’s 6th project in India. Recap:

• Mumbai – Supplied 16 train-sets of 4 coaches for the 11.4 km Versova – Ghatkopar line
• Gurgaon – Supplied 12 train-sets of 3 coaches for the 12.1 km DLF Cybercity – Sector 55-56 line
• Navi Mumbai – Deliveries yet to begin for an unspecified number of trains for the 11.10 km CBD Belapur – Pendhar line (design not yet revealed)
• Kolkata – Deliveries yet to begin for 14 trains of 8 coaches for the existing and new lines (recently unveiled design)
• Noida – Deliveries yet to begin for 19 trains of 4 coaches for the Sector 71 – Gr. Noida line (design not yet revealed)

Apparently CRRC’s bid was challenged by other bidders on technical grounds, but their plea was rejected by the High Court in favor of CRRC. A formal agreement with the NMRC is expected to be signed in the coming weeks.

http://themetrorailguy.com/2016/10/12/crrc-wins-nagpur-metros-69-coach-rolling-stock-contract/

@anant_s @AndrewJin @PARIKRAMA

We've seen the maal that Mumbai had. This is an unfortunate decision IMHO.

 

[itachii]

& these will be built in India?

http://www.railwaygazette.com/news/business/single-view/view/crrc-launches-indian-joint-venture.html

They did open a plant in India, not sure if they are going to manufacture the locos in country.. it would be mostly assembling of kits imported from china. metros are builing at a rapid pace in all main and 2nd tier cities. we should have had a clause stating that the locos had to be manufactured in India, so that it falls in line with make in india program and helps in generating jobs, but that doesn't seem to happen...

@Nilgiri @anant_s @Ankit Kumar 002

Railway Infrastructure Upgrade Is Paying Off, Travel Time Reduced For 350 Trains

The railway infrastructure upgrade is slowly beginning to pay off, with a total of 350 trains that are either running on time or reaching their destinations before time.

As part of a series of infra upgrades, a route relay interlocking (RRI) system, was installed on busy routes to ensure faster movement of trains. This has resulted in reduction in journey time of several trains. A total of 350 mails/expresses and 74 superfast trains, including Rajdhanis and Shatabdis, are now reaching their destinations five to 25 minutes before time.

“We have managed to save total 130 minutes in 12 Rajdhani trains and 60 minutes in six Shatabdi trains due to various measures being undertaken in a gradual manner,” a railways official said, adding that “major changes were carried out at Allahabad junction, the most congested section, to speed up services”.

When Suresh Prabhu took over as railways minister, route congestion was one of the major issues that was affecting the performance of the Indian Railways. This was partly because previous railway ministers had announced and launched too many new trains without adequate investment in capacity addition or enhancement. He even termed such announcements as ‘political gimmicks’.

Prabhu has since emphasised on capacity addition and investment. For now, it looks like small incremental upgrades such as better signalling systems are helping the railways operate more efficiently.

http://swarajyamag.com/insta/railwa...paying-off-travel-time-reduced-for-350-trains

How Rampant Populism Left Indian Railways With Pending Projects Worth $65 Billion


Repeated execution delays over the last decade have pushed railway projects off the road, a report by PhillipCapital Limited revealed. Published on October 7, the report states that the India Railways has pending projects worth Rs. 4,366 Billion ($65 Billion), 83 per cent of which are related to construction of new lines, doubling and gauge conversion. These projects, initiated by the UPA, have remained under construction for the last five years and suffered due to non-execution in the initial days.

The Railway Ministry, which was mostly handed over to the most prominent coalition partners in the UPA, was used more for appeasement and regional leverage than to facilitate users. As a result, what we have today is a long list of carelessly planned and poorly executed projects.

Despite government’s effort to bring these projects back on track, even by reducing the rate of return from 14 per cent to 12 per cent, over 61% remain un-bankable. Further, the report also states that the Indian Railways will have to utilize four years of its budget (on FY17 base of Rs. 1,200 billion) if it plans to execute these projects. In that case, no room will be left for initiation new projects.

According to this report, the ministry has now prioritised projects related to decongestion and safety- accounting for 53 per cent of the work in progress. While the new Land Acquisition Act is now in place, the cost of land has risen in the past five years and adds up to the total cost, making the projects economically nonviable.

Other efforts made by the government include the reduction of approval of time from over 24 months previously to 12 months now. Of the Rs 920 billion projects introduced in the FY16, Rs. 700 billion worth projects have already received approval and over 30 per cent tendered.

http://swarajyamag.com/insta/how-ra...-with-pending-projects-worth-dollar65-billion

 

[itachii]

The IIP Is A Disgrace: It Is On Some Other Planet, Not Grounded In Reality

Will someone rid us of our meaningless Index of Industrial Production (IIP)? The index no longer serves any useful purpose, as it seems to signal nothing on which policies can be based.

Going by the IIP, Reserve Bank Governor Urjit Patel should be slashing interest rates regularly since the industry is in decline mode. But this scenario is impossible to confirm when one looks at anecdotal evidence from various industrial sectors.

The latest IIP, for August, tells us that industry de-grew again by 0.7 percent, after a negative growth of -2.5 percent in July. For the April-August period, the IIP reports -0.3 percent growth. In calendar 2016 (January-August), industry has reported negative growth in three of the eight months.

The April-August index tells us that manufacturing, which accounts for over 75 percent of the IIP, is dragging down the index, while mining and electricity are in positive territory, but their weights are 14 percent and 10 percent.

In terms of the use-based classification of goods (basic, intermediate, capital and consumption sectors), the drag is clearly in capital goods (-21.4 percent in April-August), which looks plausible, since the industry is deleveraging and there is enough capacity to handle any growth in demand. The industry is maximising existing capacity before investing. The investment cycle clearly is yet to turn.

But with just under 9 per cent weight in the IIP, the tail is wagging the dog. The capital goods sector seems to be single-handedly impacting the IIP’s growth. Clearly, the lumpiness of capital goods production is a problem area, but surely our statisticians can find a way to smoothen this number with better and more granular data collection? Thus while basic, intermediate and consumption goods show positive growth, the deep negative growth in capital goods is skewing the whole picture.

The reality is the economy is ticking positively even though investment is yet to pick up due to the death blow given to it in the UPA years, when the government cut capital expenditures and many big projects turned turtle, blotting the balance-sheets of both companies and banks.

On the other hand, consider the robust numbers coming from several sectors. According to a Business Standard report today (11 October), passenger vehicles and two-wheelers grew at 17.8 percent and 20 percent plus in the July-September quarter, and airlines reported 23 percent growth in passenger traffic in April-August.

Indirect tax collections, another important indicator of the health of the economy, were up 26 percent in the first half of this fiscal (April-September), with excise revenues rising 46 percent and service tax 22 percent. Only customs duty grew by an anaemic 4.8 percent, which is indicative of the weak global trade environment.

We know that the Seventh Pay Commission payouts started happening in August, and rural demand will revive after the Kharif crop is in later this year. We also know that government investments in infrastructure, especially roads and railways, will pick up as the year proceeds. One wonders what signal the IIP numbers dished out so far sends to policy-makers.

If fiscal and monetary policies have to be forward-looking rather than backward-looking, the IIP is a waste of time till it is completely rejigged with a new base year. Time to dump the old one ASAP.

The current IIP is a shame.

http://swarajyamag.com/economy/the-...-on-some-other-planet-not-grounded-in-reality

@Nilgiri Sir, your thoughts on this ?

 

[Nilgiri]

The IIP Is A Disgrace: It Is On Some Other Planet, Not Grounded In Reality

Will someone rid us of our meaningless Index of Industrial Production (IIP)? The index no longer serves any useful purpose, as it seems to signal nothing on which policies can be based.

Going by the IIP, Reserve Bank Governor Urjit Patel should be slashing interest rates regularly since the industry is in decline mode. But this scenario is impossible to confirm when one looks at anecdotal evidence from various industrial sectors.

The latest IIP, for August, tells us that industry de-grew again by 0.7 percent, after a negative growth of -2.5 percent in July. For the April-August period, the IIP reports -0.3 percent growth. In calendar 2016 (January-August), industry has reported negative growth in three of the eight months.

The April-August index tells us that manufacturing, which accounts for over 75 percent of the IIP, is dragging down the index, while mining and electricity are in positive territory, but their weights are 14 percent and 10 percent.

In terms of the use-based classification of goods (basic, intermediate, capital and consumption sectors), the drag is clearly in capital goods (-21.4 percent in April-August), which looks plausible, since the industry is deleveraging and there is enough capacity to handle any growth in demand. The industry is maximising existing capacity before investing. The investment cycle clearly is yet to turn.

But with just under 9 per cent weight in the IIP, the tail is wagging the dog. The capital goods sector seems to be single-handedly impacting the IIP’s growth. Clearly, the lumpiness of capital goods production is a problem area, but surely our statisticians can find a way to smoothen this number with better and more granular data collection? Thus while basic, intermediate and consumption goods show positive growth, the deep negative growth in capital goods is skewing the whole picture.

The reality is the economy is ticking positively even though investment is yet to pick up due to the death blow given to it in the UPA years, when the government cut capital expenditures and many big projects turned turtle, blotting the balance-sheets of both companies and banks.

On the other hand, consider the robust numbers coming from several sectors. According to a Business Standard report today (11 October), passenger vehicles and two-wheelers grew at 17.8 percent and 20 percent plus in the July-September quarter, and airlines reported 23 percent growth in passenger traffic in April-August.

Indirect tax collections, another important indicator of the health of the economy, were up 26 percent in the first half of this fiscal (April-September), with excise revenues rising 46 percent and service tax 22 percent. Only customs duty grew by an anaemic 4.8 percent, which is indicative of the weak global trade environment.

We know that the Seventh Pay Commission payouts started happening in August, and rural demand will revive after the Kharif crop is in later this year. We also know that government investments in infrastructure, especially roads and railways, will pick up as the year proceeds. One wonders what signal the IIP numbers dished out so far sends to policy-makers.

If fiscal and monetary policies have to be forward-looking rather than backward-looking, the IIP is a waste of time till it is completely rejigged with a new base year. Time to dump the old one ASAP.

The current IIP is a shame.

http://swarajyamag.com/economy/the-...-on-some-other-planet-not-grounded-in-reality

@Nilgiri Sir, your thoughts on this ?

Actually I talked about this quite a few times before in this thread. Have to go back a few pages:

https://defence.pk/threads/indian-economy-news-updates.27787/page-380#post-8581646

https://defence.pk/threads/indian-economy-news-updates.27787/page-382#post-8614777

 

[Nilgiri]

They did open a plant in India,

Any details on this plant?

 

[Nilgiri]

@PARIKRAMA @anant_s it may be of interest to you

 

[itachii]

Any details on this plant?

http://economictimes.indiatimes.com...-operations-in-india/articleshow/53793957.cms

This is the link that I found about the factory established by CCRC sir, the link says the factory works on maintenance and manufacturing of loco engines.

 

[Nilgiri]