Transportation Industry
Indian Railways awarded a $5.5 million contract to Pioneer Friction Ltd., a subsidiary of Wabtec Corp - Briefs: India - Pioneer Friction Ltd - Brief Article
Railway Age, Jan, 2003
Indian Railways awarded a $5.5 million contract to Pioneer Friction Ltd., a subsidiary of Wabtec Corp. based in Calcutta, to supply composite brake shoes. Deliveries will be completed in the first quarter of 2003, and the company has expanded capacity to meet the schedule. The Indian brake shoe market is expected grow by up 40% through 2005.
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