Wabtec Corporation to continue expanding R&D capabilities in India.

Rail transport company, Wabtec Corporation, says India will be one of the global centres to test its products for both freight and transit business.

The company has been investing heavily in expanding its R&D capabilities in the country over the past few years and will continue to do so by investing an additional $6 million in the next couple of years, Eric Gebhardt, Chief Technology Officer, told businessline.

“Our transit business, which is a big one out of India, will start more testing compared to the freight businesses,” he added. The transit business generated ₹1,650 crore revenue from its operations in India in CY2022. Moreover, the plan is to take a lot of the smaller testing labs from across the globe and consolidate them in India. “We are constantly figuring things out; we are rationally testing our capabilities,” said Gebhardt.

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