Railways awards axle tender to Chinese company in anticipation of higher local demand - Economic Times


7/21/2022 12:00:00 AM3 years 7 months ago
by Twesh Mishra

“India does not have enough capacity to make wheels. Axle manufacturing, on the other hand, is something India is fairly comfortable with,” said a sector watcher, who did not wish to be identified. “So, the award to a Chinese company raises some eyebrows.”

The Indian Railways has awarded a Rs 245 crore tender for the supply of axles to TZ (Taizhong) Hong Kong, which has direct links to the Chinese government. The company will supply 30,000 axles for wa… [+1762 chars]

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