Escorts join hands with Honeywell for railway brake systems [Feb 2012]

February 10, 2012 7:01 am

Critical railway components manufacturer Escorts has entered into a License and Technology assistance agreement with Honeywell, for providing technology on friction materials for railway application. According to a press statement, the strategic alliance will position Escorts as a frontrunner in the friction material business in India besides providing a considerable technological edge over existing players in offering high performance brake blocks and disc brake pads for railway application, suited for high speed trains in India as well as select export markets.