Digital is a growth business for us. We did see a bit of a decline last year, driven by Coronavirus and the slow down, but the first three months’ trends are looking promising, although we still are in a very unpredictable world
GE Transportation has signed a contract with the company to supply custom designed air-conditioning units for the Indian Railways Marhowra Locomotive project, manufactured in company's factory in Bhiwadi, Rajasthan over a period of 11 years.
While Titagarh Wagons has not won any order, VC and MD of the company Umesh Chowdhary says for each locomotive that IR buys, it has to buy hundreds of wagons. "So the fallout of this order will be phenomenal, and hence it is a very positive news for the company," he told CNBC-TV18
Railway Minister Suresh Prabhu stayed away from announcing populist measures – no fare hike, no new trains -- as he presented his maiden Railway Budget Thursday.
Global conglomerate GE has appointed Nalin Jain as head of transportation business in India. Jain has taken over as the President and CEO of GE Transportation in India. He would also continue as the Head of GE Aviation in the country.