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.

COPYRIGHT 2003 Simmons-Boardman Publishing Corporation
COPYRIGHT 2003 Gale Group
 

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