Chinese locomotive company makes India foray

ZELC, a subsidiary of China South Locomotive & Rolling (CSR), also signed a $590-million contract with Malaysia to supply inter-city trains, which will run on the north-south line of Kuala Lumpur, the city's busiest shuttle line, People's Daily reported Sunday.

In addition, 114 subway maintenance vehicles were sold to Singapore in June 2009, while Saudi Arabia had placed an order to purchase locomotives in July.

These successes helped it earn $760 million in overseas trade and establish as a global brand.

The company is based in Zhuzhou city in China's central Hunan province. Its world-class technologies in product design and manufacture helped it to do brisk business.

The company now plans to raise the share of overseas income to gross income from current 10 to 20 percent in five years.

ZELC's most advanced homemade HXD1B electric freight locomotive was launched Jan 16, 2009.

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