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After Çelebi, RVNL Plans to Cut Tumas Tie

Hindustan Times Pune

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May 26, 2025

India's Rail Vikas Nigam Ltd (RVNL) may end its year-old agreement with Turkish engineering firm Tumas after their partnership failed to make progress, two people aware of the matter said.

- Subhash Narayan

NEW DELHI: The state-run company may now look for partners from other countries to replace Tumas.

RVNL and Tumas India Pvt. Ltd had tied up in April 2024 to collaborate on infrastructure projects in India, particularly in public transport.

The pact aimed at fostering partnership and cooperation in infrastructure projects, including railways, metros, and related areas.

"RVNL may put the memorandum of agreement in abeyance, and nix it completely later, as it had made no progress since being signed a year back. The company will evaluate whether such partnership itself is required now, as similar collaborations are being pursued with a few other key countries also in line with company's aggressive global expansion push," one of the two people cited above said on the condition of anonymity.

Hindustan Times Pune

यह कहानी Hindustan Times Pune के May 26, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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