You are here

GE clinches US$2.6b Indian railway contract

New Delhi

GENERAL Electric Co has won a US$2.6 billion contract to supply India's railways with 1,000 diesel locomotives, as the state-owned network looks to foreign capital to help it modernise.

The US company will also invest US$200 million to build local manufacturing and

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom