AT Railway Sub Systems Private Limited (AT Railway), a wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited (‘Sidwal’ an Amber Enterprises India Limited’s wholly owned material subsidiary), has entered into a joint venture (JV) with South Korea’s Yujin Machinery Limited (Yujin) to design, manufacture and develop driving gears, couplers and pantographs for rolling stock, including high-speed and metro trains, regional rapid transit systems, Vande Bharat trains, wagons, trams, and other Indian Railway products, wherein AT Railway will have a majority stake in the joint venture.
This strategic partnership will enable the Group to further expand its key offerings of railway subsystems into Pantographs, Couplers and Driving Gears, through the expertise of Yujin. A key element of this JV is that it will pave the way for acquiring the necessary technical know-how for the manufacturing of driving gears, couplers, and pantographs in India. This is a significant development not just for Sidwal and the Amber Group but for the entire Indian rolling stock infrastructure space.