Following are excerpts from an Economics Times report.

…  he RSB Group already has a technology agreement with Gunther Albert GmbH of Germany for trailer designs and a strategic alliance with Germany-based BPW Axle for axle technology with anti-breaking system, disc brake, etc.

RSB Transmission would invest Rs 430 crore in the next four years to set up a major auto component manufacturing plant near Cuttack in Orissa, Behra said adding Orissa Chief Ministger Navin Patnaik would lay the foundation stone of the casting and forging plant on August 30.

“Orissa government has assured us to provide 270 acres of land while we have acquired 90 acres land,” he said.