15
Mar
12:54
Indian Railways eyes increased wheel production localisation
To reduce dependence on imports, Indian Railways floated a tender and invited bids for setting up a wheel manufacturing plant in India, with an assured offtake of 80,000 wheels/year for the next 20 years.
Three companies, including Steel Authority of India (SAIL), Bharat Forge, and Ramkrishna Forgings, participated in the tender.
The consortium of Ramkrishna Forgings and Titagarh Wagons (RKFL-TWL Consortium) has emerged as the lowest bidder for the manufacturing …
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