India: This sum is allocated in the national budget for April 2023 – March 2024 while the whole budget line for the development of the railway sector totals INR 2.4 tln ($29.3 bln).
Czechia: For the first time annual revenues of the manufacturer of braking systems exceeded CZK 2 bln with the Indian market where DAKO-CZ set up two joint ventures with local manufacturers in 2022 accounting for 75% of sales.
India: The German locomotive manufacturer offered Indian Railways supply for $US3 bln. Other bidders are not disclosed.
Slovakia, India: TVEMA completed certification tests of the ECHO-COMPLEX ultrasonic system for ŽSR, diagnostic systems for Indian Railways are at the acceptance stage.
India: In July, the national railway company launched a tender for the supply of 200 Vande Bharat trains of fourth generation and extended the receipt of applications for 200 Vande Bharat EMUs of third generation.
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.
India: West Central Railway, the division of Indian Railways, announced the beginning of equipping Shatabdi Express trains with new second-generation Vistadome seating coaches with panoramic windows.
Since the beginning of the year, Alstom has signed several contracts for the supply of more than 60 LRVs for transportation systems in Latin America and Europe, but terminated a large contract in India.
Since the beginning of the year, the company has failed to win the contracts to supply almost 200 trams to Israel and 20 trains to Romania. In addition, CRRC has lost a contract to supply up to 33 trains to the Czech Republic and risks losing an order for 216 subway cars for India.