Pune, India (Urban Transport News): BF Infrastructure, a wholly-owned subsidiary of Bharat Forge Ltd, and Talgo India, a wholly-owned subsidiary of Spanish manufacturer Patentes Talgo S.L., have decided to set up a joint venture for manufacturing semi/high-speed trains in India.
Talgo has more than 75 years’ experience in design, manufacturing and maintenance of trains.
The joint venture (JV) will focus on bringing high-speed rail technology and solution to Indian Railways. It will tap into any upcoming domestic opportunities in the railways and boost India's 'Atmanirbhar vision'.
"The proposed collaboration will also focus on setting-up manufacturing, maintenance and life cycle support hub for new generation, energy efficient, lightweight aluminum high speed railway trains," a release from the company said.
The announcement of the JV between the two giants comes at a time when the government is focusing on introducing more semi-high speed trains.
The government recently floated a tender for procurement of 100 Semi Hifgh Speed Vande Bharat trains with maximum speed of 200 kmph. These 100 trains will have articulated bogie, aluminium body and sleeper facilities.
The Bharat Forge-Talgo alliance also eyes future large business opportunities in the Indian Railways and upcoming domestic requirements, according to a joint statement from the companies.
“The collaboration will help bring state-of-the-art and high-speed rail technology and solutions to the Indian Railways and other private operators that will serve under the overarching self-reliant vision,” the statement added.