K & R Rail Engineering Ltd signs an MOU with South Korean major UNECO for composite sleeper plant

Ahmedabad (Gujarat) [India], July 9: K & R Rail Engineering Ltd, a leading Railway infrastructure company offering services in laying of track, signalling, electrification and telecommunication in the Railway Industry is proud to announce that it has signed a Memorandum of Understanding (MOU) with UNECO Co. Ltd, a South Korea-based company engaged in the manufacture and sale of industrial machineries, to establish a Composite Sleeper Plant in India. With the estimated cost of Rs. 400 crores, this plant will be located in Nagarnar, near the NMDC Steel Plant in Madhya Pradesh.