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BRIEF-Titagarh Wagons announces MOU with Mermec S.P.A. to set up JV co
October 30, 2017 / 1:15 PM / in 18 days

BRIEF-Titagarh Wagons announces MOU with Mermec S.P.A. to set up JV co

Oct 30 (Reuters) - Titagarh Wagons Ltd

* Says ‍entered into MOU with Mermec S.P.A., Italy for setting up JV co

* Says ‍JV co will be incorporated in India with equal stake, i.e. 50 percent each of Titagarh and Mermec​

* JV for development, manufacture of cost effective diagnostic solutions for signalling, safety systems for Indian Railways​ Source text - bit.ly/2xz7fEy Further company coverage:

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