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        <h1>Railway manufacturer eyes growth after Rs 24,000 crore high-speed sleeper contract; flags possible impairment of Italian associate</h1> A railway manufacturing firm pledged continued focus on innovation, automation and customer-centric growth to expand in freight, passenger and metro rolling stock and capitalise on domestic manufacturing initiatives, citing a recent large contract for 80 high-speed sleeper trains worth Rs 24,000 crore. The company warned of potential impairment on its investment in an Italian associate after that associate entered restructuring under Italy's negotiated crisis procedure following liquidity pressures and a major payment dispute; auditors said the standalone and consolidated carrying-value hit (about Rs 112.73 crore and Rs 74.58 crore respectively) is currently indeterminate.

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