India: By 2028, Titagarh Rail Systems aims to increase its annual output to up to 850 EMU cars, compared with the current level of 300 per year.
Italy: A four-car and a six-car trainsets accommodating 810 and 1,316 passengers respectively have been on exhibited at the company's plant in Caserta.
Brief overview of key events and news in the rail rolling stock markets.
The most significant events and trends in the global rolling stock market in 2023 according to the ROLLINGSTOCK team.
India: Two local companies, Titagarh Rail Systems and Sidwal, have announced the creation of a special purpose vehicle, SPV, with each party investing INR 1.2 bln ($14.4 mln).
India: The company is targeting an output of over 1,000 railcars per month this financial year.