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Jindal Rail to invest Rs 2,700 cr in wagon facility, finalising tech deal with Jap firm
Jindal Rail Infrastructure Ltd, a 100 per cent subsidiary of Jindal ITF, the infrastructure arm of Jindal SAW Ltd, is likely to finalise a technical tie-up with a Japanese company for manufacturing of electric multiple unit (EMU) coaches at its upcoming wagon making facility at Karjan near here. Indresh Batra, managing director, Jindal SAW Ltd and vice-chairman Jindal ITF, part of the $12 billion