IMSL Integrated Master Securities Pvt Ltd

ABB and Titagarh Rail Systems have formed a strategic partnership to supply propulsion systems for metro rolling stock projects in India. The partnership aligned with the Indian government's ?Make in India? and ?Atmanirbhar Bharat? (self-reliant India) initiatives has already had an early success by winning orders to design and supply equipment for metro coaches for the state of Gujarat.

Titagarh specializes in the design, manufacture, supply, commissioning, and servicing of various passenger rolling stock and metro coaches for Indian and international markets. ABB is a world leader in the field of the design, manufacture and servicing of propulsion systems and electrical equipment relating to rolling stock used for railways and metro systems.

The strategic partnership brings the two companies together to build on their potential and synergy to become an established player in the Indian market and expand its market base to other projects and countries. The partnership covers an agreement for Titagarh to purchase ABB propulsion systems including traction converters, auxiliary converters, traction motors and TCMS software. It also includes securing the manufacturing rights and production license for traction motors along with the complete transfer of technology of the GoA 4 (Driverless metro) TCMS software from ABB to Titagarh.

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