Indian Railways train sets in demand globally! Piyush Goyal-led Indian Railways is all set to supply two more Diesel Multiple Unit (DEMU) train sets to Sri Lanka. Recently, RITES has signed a contract worth $22.4 million with the neighbouring country Sri Lanka for the supply of two additional fully air-conditioned Diesel Multiple Unit train sets.
RITES Limited is a company established under the aegis of Indian Railways. The contract, which will give a boost to Modi government’s ‘Make in India’ initiative, has been signed with the Ministry of Transport and Civil Aviation, Government of Sri Lanka. The supply of two additional DEMU train sets will be done in the financial year 2020-21.
A few days ago, a new train service was jointly flagged off in Sri Lanka by Maithripala Sirisena, President of Sri Lanka, Minister of Transport and Civil Aviation Arjuna Ranatunga and High Commissioner of India Taranjit Singh Sandhu. Read More
Latest posts by Financial Express (see all)
- Indian Railways East Coast zone to install 100 feet tall national flags at 26 stations this year - October 18, 2019
- Delhi Metro stations to have e-autos! EPCA seeks framework to run 15,000 e-autos for last-mile connectivity - October 18, 2019
- Indian Railways tickets bonanza! No more waiting for confirmed tickets; additional seats being made available - October 18, 2019