Titagarh and Siemens Explore Global Metro Rail Projects

Titagarh Rail Systems and Siemens have agreed to look for metro train projects in other countries.

They signed a memorandum of understanding, which is a plan to work together but not a final contract.

The companies will study each possible project separately.

They will check whether projects are technically, financially and commercially practical.

No specific country or metro project has been announced.

No order value or timeline was provided.

Titagarh hopes to use its manufacturing facilities in India for some overseas projects.

The partnership could help Titagarh reach more international opportunities.

However, the companies must still choose projects, submit bids and win contracts before business is guaranteed.