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Bombardier wins railway contract in India

Reuters
7:38 AM, E.T. | November 28, 2011
Industrials
Tags: Bombardier
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Bombardier Inc.'s (BBD.B-T) train unit received a contract to make railway equipment for India's Mumbai Railway Vikas Corp.

The project, funded equally by the World Bank and the Government of India, is valued at about 11.2 billion Indian rupees ($214.42 million US).

Under the contract, Bombardier Transportation will design, manufacture and test propulsion and control equipment for trains and other equipment including fans, compressors, passenger information systems and high voltage instruments.

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