AT Railway Sub Systems Private Limited (AT Railway), a wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited (Sidwal, a wholly-owned material subsidiary of Amber Enterprises India Limited), has entered into a joint venture (JV) with South Korea’s Yujin Machinery Limited 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. AT Railway will have a majority stake in the joint venture.
This strategic partnership will enable the group to expand its key offerings of railway subsystems to include pantographs, couplers and driving gears, harnessing 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. Sidwal, a 100 per cent holding company of AT Railway, is one of the leading companies in the manufacturing of HVAC, pantries, doors and gangways for rolling stock. With the addition of driving gears, couplers and pantographs, the Amber Group will further enhance its wallet share in each coach, which is in line with the Group’s strategy. This is a significant development not just for Sidwal and the Amber Group, but for the entire Indian rolling stock infrastructure space. In a field currently dominated by multinational corporations, this development will help advance the Make in India/Atmanirbhar Bharat economic philosophy espoused by the Government of India in the crucial railway infrastructure space, and will bolster domestic design and manufacturing capacity.