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Home arrow Automotive arrow Escorts inks Agreement with DAKO-CZ for Railway Coach Disc Brake Systems
Escorts inks Agreement with DAKO-CZ for Railway Coach Disc Brake Systems Print E-mail
Written by Viswanath   
Saturday, 14 May 2011
New Delhi: Escorts Limited has signed an exclusive agreement for the supply of disc brake systems for railway coaches with DAKO-CZ a.s. of the Czech Republic. Escorts plans to offer these disc braking systems for LHB design 'High Speed Passenger Coaches' of the Indian Railways.

"The agreement with DAKO-CZ will help open new business streams for Escorts in the domain of high-end disc braking system. This technology will give us an edge over our competitors, both in terms of quality of product as well as price, and will prove to be a game changer in the industry," said Vikram Singhal, Executive Director & Business Head for Escorts Engineering Division.

"Escorts has been playing a significant role in the growth and modernization of Indian Railways. We are today investing in critical technology tasks to introduce new products and providing complete solutions to realize the modernization plans of Indian Railways," Vikram Singhal said.

Escorts Limited has been involved in the manufacture of critical railway components for over 40 years. Escorts Engineering Division's Railway Products are manufactured as per international standards specified by UIC, AAR and RDSO, the research wing of Indian Railways. Escorts also manufactures Auto Products. The products are exported to over 10 countries worldwide.

"DAKO-CZ is devoted to the development, design and production of brake equipment systems for railway vehicles for decades. Our products are world-class and comply with international standards and UIC specifications. We are pleased to collaborate with Escorts Group and have great expectation from the co-operation," said Milan Polak, Managing Director & Chairman of Board of Directors of DAKO-CZ.

Last Updated ( Saturday, 14 May 2011 )
 
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