| | DECEMBER 20239ABB and Titagarh Rail Systems have collaborated strategically to provide propulsion systems for metro rolling stock ventures in India, as per an official filing by the company. This partnership is in line with the Indian government's 'Make in India' and 'Atmanirbhar Bharat' initiatives. Notably, their joint efforts have secured initial achievements by securing contracts to develop and deliver equipment for metro coaches destined for Gujarat. Titagarh specializes in the complete spectrum of passenger rolling stock design, production, supply, installation, and maintenance, catering to both domestic and global markets.ABB, renowned for its expertise in crafting, producing, and maintaining propulsion systems and electrical components utilized in railway and metro rolling stock, joins hands with Titagarh in a strategic collaboration. This alliance aims to harness their combined potential and complementary strengths, positioning them as a prominent entity within the Indian market. Moreover, it seeks to broaden their market reach to encompass other ventures and international territories. The partnership entails Titagarh's procurement of ABB's propulsion systems, encompassing traction converters, auxiliary converters, traction motors, and train control management system (TCMS) software. Additionally, it involves the acquisition of manufacturing rights and production licensing for traction motors. Furthermore, the complete technology transfer for GoA 4 (Driverless metro) TCMS software from ABB to Titagarh is also part of the agreement.Edgar Keller, President of ABB's traction business, expressed, "ABB has solidified its position as a prominent global entity in developing, manufacturing, supplying, and servicing traction propulsion systems and TCMS. This strategic collaboration with Titagarh lays a robust groundwork for us to enter and expand within this crucial market. Simultaneously, it aligns with our commitment to bolster sustainable rail transportation in India through our energy-efficient technology, entirely manufactured within the country". ABB'S STRATEGIC PARTNERSHIP WITH TITAGARH FOR INDIAN METRO PROJECTSIN FOCUSThis partnership is in line with the Indian government's 'Make in India' and 'Atmanirbhar Bharat' initiatives
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