Indian Railways-Wabtec JV's Marhowra Plant To Begin Exporting Evolution Series Locomotives To Africa By 2025
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The Indian Railways-Wabtec joint venture's Marhowra plant is set to start exporting Evolution Series locomotives to Africa by 2025, as reported by Reuters citing the Indian government.
September 24, 2024 | 1:04 pm
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Wabtec's joint venture with Indian Railways will begin exporting Evolution Series locomotives to Africa by 2025, potentially boosting Wabtec's international sales and market presence.
The export of locomotives to Africa represents a significant expansion of Wabtec's market, likely increasing revenue and enhancing its global presence. This positive development is expected to have a favorable impact on Wabtec's stock price.
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