Railways inks Indo-Russian JV to make Vande Bharat Trains
The Indian Railways has signed a supply contract with the Indo-Russian joint venture (JV), Kinet Railway Solutions, for the production of Vande Bharat Trains. The deal involves the manufacturing of 120 Vande Bharat trains, along with maintenance services for a duration of 35 years. Kinet Railway Solutions is a joint venture comprising of Metrowagonmash (MWM) and Locomotive Electronic Systems (LES) from Russia, and RVNL from India.