THE Indian subsidiary of US freight wagon leasing company GATX, which was set up in 2010, has purchased 10 rakes of 45 container flat wagons which it has leased to Arshiya Rail Infrastructure (ARI) for 10 years.
THE Indian subsidiary of US freight wagon leasing company GATX, which was set up in 2010, has purchased 10 rakes of 45 container flat wagons which it has leased to Arshiya Rail Infrastructure (ARI) for 10 years.
ARI is an Indian container train operator.
"We are pleased to be the first leasing company registered under Indian Railways' wagon leasing scheme," says Mr Brian Kenney, president and CEO of GATX. "We believe rail wagon leasing in India will provide an attractive growth opportunity for GATX."