India-Russia joint venture on Vande Bharat trains
India-Russia joint venture on Vande Bharat trains – The joint venture (JV) between Russian transportation giant Transmashholding (TNH) and Indian public sector undertaking (PSU) Rail Vikas Nigam Limited (RVNL) is going to manufacture Vande Bharat Express train sets, valued at nearly $3.63 billion (over ₹30,000 crores). Due to sanctions imposed on Russia, following the Russia-Ukraine … Read more