December 2016 Current Affairs

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Molinari Rail to set up manufacturing unit in India

Molinari Rail to set up manufacturing unit in India
15 November 2016 Current Affairs: Swiss major Molinari Rail will set up a manufacturing and assembly centre for auxiliary power units for diesel locomotives in India by next year. 

Molinari Rail AG has entered into a strategic pact to design, manufacture and deliver the auxiliary power units (APUs) for 1,000 diesel locomotives to be built in India for Indian Railways.

For Indian Railways and we will manufacture and assemble auxiliary power units here in India for the 1,000 diesel locomotive programme. By this, Molinari Rail is following the 'Make in India' strategy of creating new jobs and local expertise.

However, he declined to share details about the investment needed for the project. 

Molinari, who is also the board member of SwissRail Industry Association, said the group will form a Lucknow-based company that will manufacture 100 auxiliary power units per annum, which can be ramped up later. 

Molinari has the SwissRail Industry Association is keen to invest in India. The association has 110 members and most of them are SMEs and family-owned companies. 

The members are all very innovative, competitive and delivering world class Swiss quality. Most of them are into exports and of course India is a natural place to work for us. Swiss industry and especially Swiss rail industry has always collaborated with India for a long time.

Headquartered in Switzerland and having major sites in Austria and Germany, Molinari Rail delivers customised solutions for the rail industry worldwide.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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