Key Details of MOU

  • Signed on October 10, 2026 between Airfloa Rail Technology Limited and KTK Group Co. Ltd.
  • Purpose: To jointly pursue eligible Platform Screen Door (PSD) projects in India
  • Aimed at strengthening Airfloa's capabilities in railway equipment manufacturing through technology collaboration, domestic production, and project execution

Collaboration Structure

  • KTK Group will provide system design, engineering expertise, proprietary technology, technical documentation, and technical oversight
  • Airfloa will lead domestic manufacturing, local project management, installation, testing, commissioning, and customer coordination
  • Joint participation through tender-specific joint ventures, consortiums, or other permitted structures, subject to applicable approvals and requirements

Manufacturing Programme Details

Airfloa will lead the Indian manufacturing programme for selected components of full-height Platform Screen Door (PSD) systems:

Mechanical Components:

  • Fixed door panels
  • Emergency exit doors
  • Fixed screens
  • Columns
  • Base supports
  • Platform escape doors

Electrical Components:

  • Cables
  • Power supply systems

Company Background

Airfloa Rail Technology Limited is a leading manufacturer of rolling stock components for Indian Railways with operations spanning key production units including the Integral Coach Factory and other major coach factories. The company has:

  • Over 27 years of operating experience
  • Two manufacturing facilities
  • Two core business verticals (railway and aerospace/defense)
  • Successfully delivered nine marquee turnkey rail projects including Sri Lankan DEMU, Mainline Export Coaches, Agra–Kanpur Metro, RRTS, Vistadome, and Vande Bharat Express
  • Fully integrated in-house capabilities covering engineering, design, tooling, finishing, material development, and assembly

Forward-Looking Statements

The document includes a safe harbor statement noting that certain forward-looking statements are subject to risks and uncertainties including government actions, political or economic developments, technological risks, and other factors that could cause actual results to differ materially from those contemplated.