German firm may set up rail plant in Chhattisgarh

By IANS

Raipur : Officials of MAN Ferrostaal AG, a German engineering major, has met Chhattisgarh Chief Minister Raman Singh and expressed a keen desire to set up a rail wheels-and-axle plant in the state, an official statement said Wednesday.


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CEO Michael J. Walter and executive director John Tremus of MAN Ferrostaal met Raman Singh Tuesday evening here at the state secretariat and expressed interest in setting up the plant in a special economic zone (SEZ).

“The German company officials held preliminary discussions with the chief minister in the presence of chief secretary Shivraj Singh and Aman Kumar Singh, joint secretary to chief minister, for setting up a mega rail wheel-and-axle plant based on latest German technology,” the statement read.

MAN Ferrostaal officials told the chief minister that the company would require about 150 acres of land for setting up the plant.

When contacted, MAN Ferrestaal’s managing director in India, Gurnad S. Sodhi, who was part of the delegation that met Raman Singh, told IANS over phone Wednesday: “We are exploring the possibilities for an advanced rail production plant for fast trains. The company is very much interested in Chhattisgarh because of availability of raw minerals, mainly iron ore.”

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