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Lok Sabha
Public Sector Undertakings under the Ministry of Railways namely RITES Ltd. and IRCON International Ltd. are exploring international market for exporting more locomotives.
RITES has supplied 5 locomotives to Vietnam and 3 locomotives to Bangladesh during 2003-04 and 4 locomotives to Sudan in 2004-05. IRCON International Ltd. has temporarily exported Metre Gauge locomotives to Malaysia on lease-cum-maintenance basis during the last three years. Presently IRCON International Ltd. has 25 MG locomotives working in Malaysia.
RITES Ltd. and IRCON International Ltd. have earned foreign exchange of US$ 3.13 million and US$ 19.9 million respectively during the last three years.
This information was given by Minister of State for Railways Shri R.Velu in written reply to question by Shri Asaduddin Owaisi in Lok Sabha today.
BSC/HK/TR-123
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