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Texmaco Rail & Engineering has formed a joint venture (JV) with Wabtec Corporation (Westinghouse Air Brake Technologies Corporation), a leading global provider of products for freight rail cars, passenger transit cars and locomotives, including brake equipment, electronics (including train control), doors, couplers, bogies, pantographs and engine rebuilds. The JV has been formed to initially provide hi-tech Freight products and services such as Draft Gear, Bogie Mounted Braking, and other State-of-the-Art Railway Products to the Indian Rail network, which is expected to expand and modernize.
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