
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