Bharat Forge on Wednesday said one of its unit and Talgo India have joined hands to manufacture high speed passenger trains.
BF Infrastructure and Talgo India Pvt Ltd, a wholly-owned subsidiary of Patentes Talgo SL have collaborated to set up a joint venture for the purpose.
The alliance will also address large business opportunities in the Indian railways sector and tap the upcoming domestic requirements in the field, Pune-based Bharat Forge said in a statement.
The collaboration also comes at a time when the Indian Railways has floated a tender for the manufacturing and maintenance of 100 new generation lightweight energy efficient trains.
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