Wabtec Corp's Rs 230 Crore Manufacturing Plant Boosts Indian Railways
Wabtec Corporation inaugurated a Rs 230 crore manufacturing plant in Rohtak, Haryana. Initially, the plant will produce transit rail components and subsystems, including axle-mounted disc brake systems and distributor valves. The facility is set up on 10,000 square metres and aims to serve rail, mining, and industrial segments.
- Country:
- India
Wabtec Corporation on Monday inaugurated its manufacturing plant worth Rs 230 crore in Rohtak, Haryana.
The plant will initially manufacture transit rail components and subsystems, the company said, adding that it will in Rs 150 crore in the first phase and the remaining Rs 80 crore in the second phase.
The unit, set up on 10,000 square metres, will start off producing axle-mounted disc brake systems, distributor valves, brake calipers, and actuators, as well as friction material for freight cars, metro coaches, and locomotives for Indian Railways and metros. The facility is expected to host many products in the coming months and years that serve the rail, mining, and industrial segments. ''We intend to grow this site with plans to invest an additional USD 10 million (Rs 80 crore) over the next few years,'' the company's Senior Vice President and India Regional Leader Sujatha Narayan said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Wabtec
- manufacturing
- plant
- Rohtak
- Haryana
- rail components
- Indian Railways
- investment
- transit
- mining
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