<p>China will supply 14 subway trains with 112 carriages to Kolkata city, the biggest such contract for a Chinese company in South Asia.</p>.<p>China Railway Rolling Stock Corp Ltd (CRRC) will provide 14 subway trains with 112 carriages in total to Kolkata, CRRC said in a statement, state-run China Daily reported.<br /><br />This is the first overseas order that CRRC has received after merger of China's state-owned train manufacturing firms - China North Railway (CNR) and China South Railway (CSR) this month.<br /><br />The Kolkata order was secured by CNRC subsidiary company - CNR Dalian Locomotive and Rolling Stock Company in February.<br /><br />The value of the order has not been mentioned.<br />As the third-biggest city in India, Kolkata will replace the old trains that have been running for over 30 years in its south-north subway line which reaches a length of 23.45 km in order to ease the transportation pressure, the Daily reported.<br /><br />According to the company, this is the first time that CNR Dalian has entered the market of South Asia.<br /><br />CRRC started trading on the Shanghai and Hong Kong bourses on Monday, becoming the world's biggest rail conglomerate in terms of market value and sales.<br /><br />The Kolkata order came ahead of the visit of a high power delegation from West Bengal headed by Finance Minister Amit Mitra here to explore investment opportunities for his state.<br />Indian officials said the delegation will meet Chinese investors to showcase investment opportunities in the state.<br /><br />Chief Ministers of several Indian states including Andhra Pradesh, Gujarat, Maharashtra and Karnataka have visited China to woo Chinese investments.<br /><br />The two countries have also launched India-China Forum for State and Provincial Leaders during the last month's visit of Prime Minister Narendra Modi to China to facilitate direct interaction between Indian states and Chinese provinces.<br /><br />The order came as China is trying to make all out efforts to bid for high speed bullet trains against stiff competition from Japan.<br /><br />China, which has built 40 bullet train lines with 16,000 kms of tracks in most part of the country, is currently conducting a feasibility study for the over 2,000-km New Delhi-Chennai high speed line while Japan is conducting a similar study for Mumbai-Ahmedabad route.<br /><br />India has stepped up cooperation with China to modernise its railways with agreements in a number of area including speed raising of the tracks (Chennai-Mysore sector via Bangalore), training of 100 railway personnel in heavy haulage, setting up of railway university and modernisation of railway stations in Bangalore and Bhubaneshwar. </p>
<p>China will supply 14 subway trains with 112 carriages to Kolkata city, the biggest such contract for a Chinese company in South Asia.</p>.<p>China Railway Rolling Stock Corp Ltd (CRRC) will provide 14 subway trains with 112 carriages in total to Kolkata, CRRC said in a statement, state-run China Daily reported.<br /><br />This is the first overseas order that CRRC has received after merger of China's state-owned train manufacturing firms - China North Railway (CNR) and China South Railway (CSR) this month.<br /><br />The Kolkata order was secured by CNRC subsidiary company - CNR Dalian Locomotive and Rolling Stock Company in February.<br /><br />The value of the order has not been mentioned.<br />As the third-biggest city in India, Kolkata will replace the old trains that have been running for over 30 years in its south-north subway line which reaches a length of 23.45 km in order to ease the transportation pressure, the Daily reported.<br /><br />According to the company, this is the first time that CNR Dalian has entered the market of South Asia.<br /><br />CRRC started trading on the Shanghai and Hong Kong bourses on Monday, becoming the world's biggest rail conglomerate in terms of market value and sales.<br /><br />The Kolkata order came ahead of the visit of a high power delegation from West Bengal headed by Finance Minister Amit Mitra here to explore investment opportunities for his state.<br />Indian officials said the delegation will meet Chinese investors to showcase investment opportunities in the state.<br /><br />Chief Ministers of several Indian states including Andhra Pradesh, Gujarat, Maharashtra and Karnataka have visited China to woo Chinese investments.<br /><br />The two countries have also launched India-China Forum for State and Provincial Leaders during the last month's visit of Prime Minister Narendra Modi to China to facilitate direct interaction between Indian states and Chinese provinces.<br /><br />The order came as China is trying to make all out efforts to bid for high speed bullet trains against stiff competition from Japan.<br /><br />China, which has built 40 bullet train lines with 16,000 kms of tracks in most part of the country, is currently conducting a feasibility study for the over 2,000-km New Delhi-Chennai high speed line while Japan is conducting a similar study for Mumbai-Ahmedabad route.<br /><br />India has stepped up cooperation with China to modernise its railways with agreements in a number of area including speed raising of the tracks (Chennai-Mysore sector via Bangalore), training of 100 railway personnel in heavy haulage, setting up of railway university and modernisation of railway stations in Bangalore and Bhubaneshwar. </p>