Business Standard

L&T bags Rs 1047.60 cr order from Railways

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BS Reporter New Delhi

The new plant will help the Indian Railways meet the huge shortage of wheels for rolling stocks due to rapid growth  in the passenger and freight traffic and will reduce dependence on imports.  With the dedicated freight corridor project expected to take off soon, the demand for wheels is also expected to go up considerably.

 

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First Published: Jul 08 2008 | 12:35 PM IST

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