Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 133)
133.
Which company, in a joint venture with Indian Railways, will export Evolution Series locomotives from its Marhowra plant in Bihar to Africa by 2025?
Answer: Option
Explanation:
Wabtec Locomotive Private Limited, a joint venture between Indian Railways and Wabtec, is set to begin exporting Evolution Series locomotives from its Marhowra plant in Bihar to Africa by 2025. This plant, established in 2018, has already manufactured approximately 650 locomotives and will produce ES43ACmi locomotives featuring a 4,500 HP engine. The joint venture underscores Wabtec's significant presence in India's locomotive manufacturing sector and its expansion into international markets. This development highlights the growing collaboration between Indian Railways and global industry leaders like Wabtec.
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