Business

GE wins 1000-locomotive Indian Railways deal

By 2015-11-09T17:34:00

India's Ministry of Railways has issued GE with a letter of award for a contract to develop a factory to supply and maintain 1 000 diesel locomotives.

INDIA: On November 9 the Ministry of Railways issued GE with a letter of award for a US$2·6bn joint venture contract to develop a factory to supply and maintain 1 000 diesel locomotives. The contract is expected to be signed within 30 days.

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