Airfloa Rail Tech Signs MOU with KTK Group for PSD Projects

Airfloa Rail Technology Ltd has signed a Memorandum of Understanding (MOU) with KTK Group Co. Ltd, a Chinese company with an Indian presence. The MOU aims for joint participation in tendering processes for securing and executing Platform Screen Door (PSD) projects in India. This collaboration is project-specific and does not involve immediate equity acquisition. The financial consideration is dependent on the value of each tender. This partnership is expected to help Airfloa Rail Technology expand its business in the railway and transportation equipment sector by leveraging foreign technology.