• Bloomberg


Toshiba Corp. will build a factory in India to make parts for trains following plans by General Electric Co. and Alstom SA to set up manufacturing facilities in the country after winning deals to build locomotives.

The Japanese company will make train control and power conversion systems in the factory in Hyderabad, located in southern India, from April 2017, Tokyo-based Toshiba said in a statement Thursday, without saying how much it will spend. Toshiba Transmission and Distribution Systems (India) Pvt. Ltd. will build the facilities and expects to have more than 100 employees by 2020.

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