Chennai: Wheels India Ltd, a leading manufacturer of wheels for trucks, tractors, passenger vehicles and construction equipment, has entered into a Technical Assistance Agreement with Tokyo-headquartered Topy Industries to strengthen its aluminium alloy wheels business, a move that comes alongside plans for a phased capacity expansion at its Thervoy Kandigai plant near Chennai.Under the agreement,...
Vande Bharat sleeper trains project on track: In a significant development, the Indian Railways has signed a supply contract with Kinet Railway Solutions, a joint venture between Metrowagonmash (MWM) and Locomotive Electronic Systems (LES) from Russia, along with India's Rail Vikas Nigam Limited (RVNL), for the production of Vande Bharat trains.Under this agreement, Kinet Railway Solutions will both...
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