Ramkrishna-Titagarh consortium scouting for ‘optimal’ sites for train wheel plant

A consortium of Titagarh Wagons and Ramkrishna Forgings is in the process of identifying a cost-effective location to set up one of Asia’s largest train wheel manufacturing plants, an official said on Sunday. The special purpose vehicle (SPV) — Ramkrishna Titagarh Rail Wheels Limited — will set up the facility with state-of-the-art German technology and machinery, he said.