Hyderabad (Metro Rail News) – Medha Servo Drives Pvt. Ltd., a major private player in Rail transportation is going to invest Rs 1,000 crore in setting a rail coach factory which is being touted as India’s largest private-sector rail coach factory. The project is set to be established on Hyderabad’s outskirts at Kondakal village in Shankarpally of Rangareddy district.
The factory will manufacture coaches, locomotives, metro trains and monorail, among others, and will have a production capacity of 500 coaches of various types and 50 locomotives per year according to different official sources. The factory is proposed to create about 1000 direct jobs and 1,200 indirect jobs ones in the region.
At the ground-breaking of the factory, Telangana industries minister KT Rama Rao said the setting of the largest private-sector rail coach factory in the state will create an ecosystem for rail coach manufacturing in Telangana.
Telangana state has been encouraging new Industry. All the best to Medha group.
Its a challenging project. Good. Nice initiative. Growing country is our goal. Thanks to the project/group. Go ahead.
Good news something which was only a government area is been shared with the private sector.
Normally doing business is not government’s business.
At one time because of some requirements public sectors was created but now things are changing and these sectors has to be privatised in the interest of nations development.
Put the nation first.
Medha group can do it becouse has long time link with railsystem. Very well knows the requirements of traffic. All the best.
Good going of Medha Group. Pray a bright future
Good start for private companies for manufacturing of coaches.
Yes
From chalta hai to dourta hai India. Very good beginning.
It’s a long term investment but will have consistent demand for the product specially due preference to made in India goods
Really it is good apportunity for private sector it’s target nation development (we are also manufacture of pressriser for water