News Detail

<p><span style="color:#000000"><strong><span style="font-size:14px"><span style="font-family:calibri">News:</span></span></strong></span></p> <p style="text-align: justify;"><span style="color:#000000"><span style="font-size:14px"><span style="font-family:calibri">Years of red tape, indecision by bureaucrats and seven railway ministers later, the mammoth locomotive-factory projects of Indian Railways at Madhepura and Marhowra in Bihar are finally ready to see the light of day.</span></span><br /> <span style="font-size:10px"><span style="font-family:calibri">Source: Indian Express</span></span></span></p> <p><span style="color:#000000"><strong><span style="font-size:14px"><span style="font-family:calibri">SNP Insight:</span></span></strong></span></p> <p style="text-align: justify;"><span style="color:#000000"><span style="font-size:14px"><span style="font-family:calibri">Diesel and Electric&nbsp;locomotive factories&nbsp;in Bihar, in line with Make in India initiative&nbsp;worth INR 33 Billion is likely to improve the state exchequer as it is also likely&nbsp;to improve the locomotive export Market from India to Africa, South-east Asia, Latin America and Middle East countries. However, it will be interesting to see in the near future that when these two undershell project get live.</span></span><br /> <span style="font-size:10px"><span style="font-family:calibri">Source: SNP Infra Research</span></span></span></p>