Brazil and India Join Forces to Build Railroad Wagons

The city of Santa Maria, in the southernmost Brazilian state of Rio Grande do Sul, is going to receive a factory of railroad wagons.

Responsible for the undertaking is the Santa Fé Vagões, a joint venture between logistics company América Latina Logí­stica, ALL, and Besco, manufacturer of equipments in the railroad sector from India.


The factory will generate about 400 direct jobs and will have initial investment of US$ 2.126 million. The project also foresees the production of 1,000 wagons per year.


The installation of the company should spark up the formation of a metal-mechanics hub supplying parts and components. The information is from the government of Rio Grande do Sul.

Tags:

You May Also Like

London-Based Rio Tinto to Boost Six-Fold Iron Ore Production in Brazil

The world's second-largest iron ore producer – the first is Brazil's Cia. Vale do ...

Lula Defends Assange and Advises US: Keep Quiet If You Have Nothing to Say

Luiz Inácio Lula da Silva, the president of Brazil, defended Julian Assange, founder of ...

With 200% Credit Card Interest Rates Brazil Bracing for 12.5% Prime Rate

The Brazilian Central Bank’s Monetary Policy Committee (Copom), which sets the country’s basic interest ...

Brazil Tourism: Maceió, a Place for All Seasons Guaranteed to Please All Senses

Are you stressed? Do you need to relax? Are you planning to take a ...

Brazil Presses Ahead to Reform and Get Permanent Seat at UN

Brazil’s Minister of Foreign Relations, Celso Amorim, says he has felt a “reform impulse” ...

Brazil's Petrobras

Brazil to Increase Oil Production by 5% This Year

Oil production in Brazil should grow by 5.3% this year to reach a daily ...

Brazil Olympics: Virus Infested Faeces Main Culprit of Guanabara Bay Pollution

Sewage, garbage and oil leaks. These are the main problems faced by the balmy ...

Free and Open-source Software Hailed in Brazil’s Global Internet Forum

Gathered in Rio de Janeiro, in Brazil's Southeast, participants at the United Nations Internet ...

Ready for War: Brazil Buys 250 German Tanks, French Fighters Coming Soon

Brazil has just purchased 250 German Leopard 1 A5 tanks, which will be used ...

Brazil Gets Its First Hydrogen Fuel Bus

Brazil will get tomorrow, November 14, its first hydrogen cell powered bus. The vehicle ...