The Ministry of Railways and Department of Industries and Commerce, Government of Kerala has signed a Memorandum of Understanding (MoU)  to form a joint venture (JV) company for fabrication of bogie frames for passenger coaches and side/end walls for the wagons of the Indian Railways.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Indian Railway shall hold 51 per cent equity in the JV and the remaining 49 per cent will be held by the Kerala Government. A joint working group (JWG) will be constituted in the next six months to prepare business plans and work out the modalities for the formation of the JV. <BR></P></p><p class='TableClas'></p></table>


Railways and Kerala govt signs MoU

Also Read

MNRE announces incentive for wind energy projects

Wage board for 30% interim relief for employees

Congress in poll mode; draw up LS strategy: Sonia

Not possible to maintain 9% growth: Montek

Japan, Korea to act on pressing issues: UN chief

Explore News