GE lands $2.6 billion deal to supply Indian railways with 1000 diesel locomotives
Under the deal, the US company will build a manufacturing facility, and two maintenance sheds in the country, to service the locomotives over an 11-year period.
New Delhi Last Updated: November 10, 2015 | 12:27 IST
The contract is one of first and largest to be awarded to a foreign firm since India last year allowed 100 per cent FDI in railways. (Photo: Reuters)