Escorts Launches Innovative New Rail Products at IREE 2015
Dated: October 17, 2015
The Escorts Railway Products launched many new products for the Metros and Indian Railway segments in India. These new rail products are an outcome of continual frugal and value engineering by in-house R&D and global technology partners for making rail travel safe, reliable and more comfortable while also paving the way to import substitution and reducing the need for costly imports. In sync with the new vision of railway transformation, this marks the initial steps of success of 'Make in India' by indigenous manufacturers.
The new Automatic Door for Metro & High Speed Train, LHB Alstom Coach Dampers, Heavy Duty Locomotive Dampers, Rubber to Metal bonded products, Friction Products like Brake Pads and Axle mounted Disc Brake Systems for LHB live up to the Escorts brand legacy of contributing to national infrastructure development while unleashing hitherto unexplored business potentials for Escorts Railway Products.
The IREE Fair is in its 11th edition and celebrates silver anniversary this time with inaugural presence of Honorable Minister of Railways, Mr Suresh Prabhu and participation from rail technologists, decision makers and industry leaders from Japan, USA, UK, China, South Korea and many more countries, reports PR Newswire.
According to Mr. Nikhil Nanda, Managing Director of Escorts, "Escorts Ltd is one of the key sponsors for IREE which is the only international platform in India for the Railways and its related sectors. We have been involved in the railway business for over 50 years now, beginning in 1962. In that time we have worked silently, but now the time has come for us to demonstrate the good work we are doing for our countrymen, by making railways reach a high level in both safety & comfort and value-for-money. We have partnered with the best companies around the world to make in India the new products required for railway transformation as envisioned by the new Railway Minister."
Mr. Dipankar Ghosh, CEO, Escorts Railway Products added saying, "Escorts Railway Division is gearing up to the challenge of participating in the transformation of Indian Railways and Metro Segment with a strategic mix of new product introduction through both in-house innovation and global technology partnerships. At Escorts, our foundational ethos have been to bring the world's best to India at Indian prices, and take the India's best to the world by investing in our internal research and building capabilities. Our several new products being launched at IREE is a testimony to our commitment."