国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

China's leading train maker launches operation in India

(Xinhua) Updated: 2016-08-22 07:53

China's leading train maker launches operation in India

Photo taken on June 25, 2015 shows a "China Standard" high-speed train at the manufactory of China CNR Changchun Railway Vehicles Co, LTD in Changchun, capital of Northeast China's Jilin province. [Photo/Xinhua]

China CRRC Corporation Ltd, the country's largest rail transportation equipment maker, announced Saturday its first joint venture plant in India started operation.

It is the first time for the company to open a plant in south Asia where one of the world's most comprehensive rail system spans.

CRRC is also the first foreign company to set up assembly line of rail transportation equipment in India after Prime Minister Narendra Modi unveiled his ambitious "Made in India" campaign in 2014, the company said in a press release.

The joint venture, named CRRC Pioneer (India) Electric Co Ltd, is housed in Bavo Industrial District of Haryana between New Delhi and Bombay.

Total investment is $63.4 million, and the Chinese side holds 51 percent of the share.

The India plant will repair and manufacture railway locomotive engines. It will also provide technology support to India's rail system, and supply electric transmission systems to oil drilling, wind power generation and mining equipment making in India.

CRRC Vice President Yu Weiping said the new plant will create jobs and tax revenue for local people and help improve infrastructure.

It will advance cooperation in industrial capacity and local equipment manufacturing, he added.

India has one of the world's largest railway network spanning about 64,000 kilometers. Since its presence in the Indian market in 2007, CRRC has supplied it with subway trains, locomotive engines and other railway vehicles and parts.

"Given more than 60,000 kilometers of railways in India, it is far from enough to build a single locomotive engine plant in India," Yu Weiping said.

"CRRC will build more plants able to produce trains, locomotive traction systems and other key parts in India," he added.

CRRC, formed from the merger of former rivals CNR Corp and China CSR, has been aggressively reaching out to overseas markets, exporting rail transportation equipment to 101 countries and regions.

Its first plant in North America started operation in September 2015 in Massachusetts, the United States.

Hot Topics

Editor's Picks
...
石棉县| 三河市| 隆化县| 任丘市| 宜兰市| 石阡县| 宝丰县| 扎兰屯市| 手机| 会东县| 周宁县| 荃湾区| 廉江市| 锡林浩特市| 乌拉特前旗| 和田县| 泗水县| 喀什市| 高安市| 甘肃省| 溧水县| 巴塘县| 乌拉特中旗| 开远市| 凌源市| 湖南省| 喀什市| 江阴市| 东安县| 新竹县| 建昌县| 昌乐县| 汉源县| 佛学| 六安市| 织金县| 阿克| 桦南县| 遂平县| 蒲江县| 石屏县|