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Cartel allegations against Indian suppliers of railway parts rejected by watchdog

By Freny Patel ( May 2, 2025, 00:07 GMT | Insight) -- Kharagpur Metal Reforming Industries and Kay Pee Equipment have been cleared by the Competition Commission of India of allegations that they colluded in the supply of motor-suspension units to Indian Railways. The CCI dismissed the claims, saying that its investigation found no evidence of bid rigging or any coordinated anticompetitive actions, despite detailed tender information provided by the complainant, Banaras Locomotive Works, a unit of the Ministry of Railways.Allegations of cartelization by two Indian companies — Kharagpur Metal Reforming Industries and Kay Pee Equipment — in the supply of motor-suspension units to Indian Railways were dismissed by the antitrust watchdog. ...

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