STOCKWATCH
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Railway Wans
Joint Venture25 Jan 2024, 12:30 pm

Titagarh Rail Systems Limited enters into joint venture with Sidwal Refrigeration Industries Private Limited

AI Summary

Titagarh Rail Systems Limited, a leader in the rolling stock space, has entered into a joint venture with Sidwal Refrigeration Industries Private Limited, a leader in the train and metro air conditioner market, to carry on the business of railway components and sub-systems for the rolling stock industry in India and overseas. The joint venture, Shivaliks Mercantile Private Limited, will be controlled equally by Sidwal and Titagarh.,

Key Highlights

  • Entered into joint venture with Sidwal Refrigeration Industries Private Limited
  • To carry on the business of railway components and sub-systems for the rolling stock industry in India and overseas
  • Equally controlled by Sidwal and Titagarh
TWL
Railway Wans
TITAGARH WAGONS LTD.

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