Skoda, the Czechoslovakia-based automobile major, is planning to set up a production unit for metro coaches in India.
Skoda Transportation is exploring different locations in India for setting up this manufacturing facility.
The company is very keen to manufacture the metro coaches within India as several Indian cities like Jaipur, Cochin, Bangalore, Lucknow and Mumbai have already set up their metro projects.
Apart from this, Skoda is already supplying coaches to the Delhi Metro project. Also, the Czech integrated transport companies, having a strong base in the Indian railways sector, are looking to participate in some railway projects in India, like the High Speed Railway Corridor.
Also, the company is planning to increase mutual investments in the areas of science and technology besides the engineering industry.