India Government Says Indian Railways-Wabtec JV's Marhowra Plant To Begin Exporting Evolution Series Locomotives To Africa By 2025
Portfolio Pulse from Benzinga Newsdesk
The Indian Railways-Wabtec joint venture's Marhowra plant is set to start exporting Evolution Series locomotives to Africa by 2025, marking a significant step in international expansion.
September 24, 2024 | 1:07 pm
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Wabtec's joint venture with Indian Railways will begin exporting Evolution Series locomotives to Africa by 2025, potentially increasing its international market presence and revenue.
The export of locomotives to Africa represents a new revenue stream and market expansion for Wabtec, likely boosting its financial performance and stock price in the short term.
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