CRRC Corp has recently launched operations of its first JV plant in India. CRRC is also the first foreign company to set up an assembly line of rail transportation equipment in India after Prime Minister Narendra Modi unveiled the ambitious ´Make in India´ campaign in 2014. The JV, named CRRC Pioneer (India) Electric Co, is located in Bavo Industrial District of Haryana. The total investment in the project is $63.4 mn. The plant in India will repair and manufacture railway locomotive engines. It will also provide technology support to India´s rail system, and supply electric transmission systems to oil drilling, wind power generation and mining equipment making in India.