On 23 October 2019
Jindal Stainless announced signing a Memorandum of Understanding (MoU) with Braithwaite & Co, a GoI undertaking under MoR, to develop stainless steel foot-over-bridges (FOBs), road-over-bridges (ROBs) etc., on the sidelines of the ongoing International Railway Equipment Exhibition (IREE) in New Delhi. This MoU intends to fulfill Railways' vision of world-class railway infrastructure in the country by synergizing expertise of India's largest stainless steel producer, JSL and Indian Railways' trusted fabrication expert, BCL. Indian Railways continues to be a prominent customer for JSL with the company holding a share of ~70% in the railway wagon segment and 60% in the coach segment.Powered by Capital Market - Live News
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