Amber Ent arm signs JV agreement with 3 companies
Mumbai, April 6 -- AT Railway Sub Systems Private (AT Railway), a wholly owned subsidiary of Sidwal Refrigeration Industries Private which is wholly owned material subsidiary of the company.
The company will form JV to design, manufacture and develop driving gears, couplers and pantographs for rolling stock, including high-speed and metro trains, regional rapid transit systems, Vande Bharat trains, wagons, trams, and other Indian Railway products, wherein AT railway will have a majority stake in the joint venture.
This is in line with the Amber Group's consistent strategy of increasing the wallet share per coach. Sidwal, an 100% holding company of AT Railway, is one of the leading company in the manufacturing of HVAC, Pantry, Doors and ...
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