ABB secures major order for Mumbai Metro propulsion systems
pre-market1 source ↓written by the desknot a recommendation
ABB has secured a major order from Titagarh Rail Systems Ltd. to supply propulsion systems and TCMS software for Mumbai Metro Line 5 and Line 6. The contract includes 18 trainsets for Line 6 and 22 for Line 5, enhancing urban mobility with high reliability and energy efficiency.
This order underscores ABB's commitment to India's infrastructure development, potentially boosting market sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.