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After winning Amritsar pod car project, Fairwood plans factory in Noida

Jul 11, 2012

Fairwood, the company that is introducing the pod car in India in a tie-up with the UK-based Ultra, plans to set up a manufacturing factory in the National Capital Region in Noida, Greater Noida or Gurgaon over the next four five months. The firm plans to make the manufacturing unit a base for export to other countries such as Malaysia and the Philippines and Vietnam, where it is attempting to bag projects.


It is also in talks with State Governments of Delhi, Karnataka, Kerala and Haryana to implement the project. Pod car is a personal rapid transit (PRT) solution. India’s first project in Amritsar will connect the Golden Temple. The car can accommodate four to six people and moves on a pre-defined track and costs much less than other urban mass transit options such as the Metro and monorail. For the Amritsar project, people have to pay fares, which would be around the same level as auto-rickshaws. In Kerala, the State Government has offered to set up a joint venture with Inkel, said Mr Vikas Chopra, Vice-President – Corporate and Business Development, Fairwood.

 

http://www.thehindubusinessline.com/industry-and-economy/logistics/article3624428.ece

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