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September 08, 2008


MAN Ferrostal to set up rail and axle plant in Chattisgarh

IANS reported that German engineering major MAN Ferrostaal AG has expressed a keen desire to set up a rail wheels and axle plant in the state of Chattisgarh.

As per report, Mr Michael J Walter CEO of MAN Ferrostaal and Mr John Tremus ED of MAN Ferrostaal recently met Dr Raman Singh chief minister of Chattisgarh at Raipur and expressed interest in setting up rail wheel and axle plant based on latest German technology plant in 150 acre land within a special economic zone in the state of Chattisgarh.

The report cited Mr Gurnad S Sodhi MD of MAN Ferrestaal India as saying that “We are exploring the possibilities for an advanced rail production plant for fast trains. The company is very much interested in Chattisgarh because of availability of raw minerals, mainly iron ore.”