India relies on the creation and expansion of its own facilities and technology transfer with mandatory localisation under the national programme Make in India.
India: The tender of Indian Railways is over with a consortium of TMH and local RVNL selected as the winning bidder to deliver 120 Vande Bharat trains. The second batch of 80 EMUs is to be executed by Titagarh Wagons and BHEL.
Italy: The Invitalia state investment agency and a private fund from the UAE have capitalized Titagarh Firema for the development of production aimed both at Italian and international markets.
India: Over the next three years, the company intends to increase the annual production of freight cars at its Titagarh plant from 8,000 to 12,000 units, as well as to build facilities to produce metro trains.