India: Medho Servo Drives announced the completion of a plant in Telangana, which will specialise in the production of electric trains, locomotives, metro cars and monorail.
India: Commissioning works are carried out on tamping machines for IR at the production site of SAN, the partner of STM in India.
India: Minister of Finance Nirmala Sitharaman announced the allocation of 2.45 trln INR ($32.8 bln USD) from the national budget for the railway transport development in 2022-2023.
Austria: The short list was formed by the international analytical company StartUs Insights. It included two companies from Russia and one from Germany, the USA and India.