Amber Enterprises India’s wholly owned subsidiary -- Sidwal Refrigeration Industries’ wholly owned subsidiary -- AT Railway Sub Systems (AT Railway) has entered into a joint venture (JV) with South Korea's Yujin Machinery to design, manufacture and develop Driving Gears, Couplers and Pantographs for rolling stock, including high-speed and metro trains, regional rapid transit systems, Vande Bharat trains, wagons, trams, and other Indian Railway products, wherein AT railway will have a majority stake in the joint venture.
A key element of this joint venture is that it will pave the way for acquiring the necessary technical know-how for the manufacturing of driving gears, couplers, and pantographs in India. This is in line with the Amber Group’s consistent strategy of increasing the wallet share per coach. With the addition of driving gears, couplers and pantographs, the Amber Group will further enhance its wallet share in each coach, which is in line to its group’s strategy. This is a significant development not just for Sidwal Refrigeration Industries and the Amber Group but for the entire Indian Rolling Stock infrastructure space
Amber Enterprises India is a prominent solution provider for Air conditioner OEM/ODM Industry in India.
Company Name | CMP |
---|---|
Voltas | 1487.10 |
Blue Star | 1447.50 |
Amber Enterprises | 3965.60 |
Johnson Controls | 1270.40 |
EPACK Durable | 197.30 |
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