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K&R Rail Engineering Ltd, specializing in laying private railway sidings, has partnered with UNECO Co., Ltd., a South Korean company, to establish a Composite Sleeper Plant in India. The memorandum of understanding (MOU), signed on October 30, 2023, outlines plans for the plant, which will cater to Indian Railways, DFCC/METROs, PSUs, and private corporations. With an estimated cost of Rs 400 Crore, the plant will be located in Nagarnar, Madhya Pradesh, near the NMDC Steel Plant.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th May 2024 edition.. Get this issue or any of our editions by clicking here…
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