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New Deal


Announced

Talgo and Bharat Forge Infrastructure to form a joint venture.

Synopsis

Talgo, a manufacturer of intercity, standard, and high-speed passenger trains, and Bharat Forge Infrastructure, a forging manufacturer, agreed to form a joint venture. Financial terms were not disclosed. "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," Bharat Forge.

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