If India becomes self-reliant in railway technology, it will have multiple effect including reduction in the equipment cost, easy availability of technology for upgradation of existing assets and in turn Indian Railways will be able to reduce the freight rates,
Tag: railway equipment
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MRVC to have equipment from Bombardier
Bombardier Inc's train unit received a contract to make railway equipment for Mumbai Railway Vikas Corp (MRVC). The project, funded equally by the World Bank and the Government of India,