RAILWAYS

Make in India: Railways awards project worth Rs 2,211 crore to Hyderabad firm

Chugging ahead full steam on the government’s Atma Nirbhar Bharat and Make in India track, the Indian railways has awarded projects worth Rs 2,211 crore to Hyderabad-based firm Medha Servo Drives Pvt. Ltd. for procurement of equipment for manufacturing additional rakes of Vande Bharat train sets.

The contract awarded by the Indian Railways to the firm is for design and manufacturing of propulsion, control and other equipment for making 44 rakes, having sixteen cars each, of Vande Bharat train sets, according the railway ministry. Officials said that the project will be completed under ‘Make in India’ policy entailing indigenous procurement of 90 percent.

Vande Bharat express, or the train 18 project, of the Indian railways is an indigenous semi high-speed train set manufactured by the Integral Coach Factory in Chennai. The train can run up to a maximum speed of 160 km/hour.

Source
business today
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