TATA AutoComp, Skoda Gr set up JV to manufacture railway components in India
3 Articles
3 Articles
TATA AutoComp, Skoda Gr set up JV to manufacture railway components in India
New Delhi, Jul 9 (PTI) Auto components maker TATA AutoComp and Skoda Group on Wednesday announced the formation of a joint venture to manufacture railway propulsion systems and components in India envisaging "multi-million euro investment" in the country. This partnership is aimed at supporting the growing Indian railway and mobility markets, TATA AutoComp said in a statement. Skoda Group is a leading European manufacturer of components and vehi…
TATA AutoComp and Škoda Group formed a joint venture to manufacture railway components in India. - Auto Components India
A joint venture to manufacture railway propulsion systems and components has been announced by TATA AutoComp, one of the top auto component companies in India, and Škoda Group, a major European manufacturer of public transportation vehicles and components. The goal of the partnership is to assist India’s expanding railway and transportation sectors. The new company, which the two partners jointly own, will manufacture converters, drives, and aux…
Pilsen-based Škoda Group is establishing a joint venture in India with the largest local company. The goal is the development and production of components for trains and urban trains.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium