Hyderabad headquartered Medha Servo Drives, part of Rs 1,000 crore Medha group that supplies propulsion equipment to Indian Railways, has announced plans to set up a large rail and metro coach manufacturing facility at Kondakal near Hyderabad in Telangana, involving an investment of around Rs 800 crore. Hyderabad: Municipal Administration and Urban Development (MAUD) Minister KT Rama Rao on Thursday performed bhoomi puja for Medha rail coach factory in Kondakal of Shankarpally … Most of these companies built … Do you think Disinvestment in Rail PSUs a Welcome Step? The facility, touted the country’s largest private-sector rail coach factory, provides employment opportunity to … HYDERABAD: Telangana minister for industries KT Rama Rao laid the foundation stone for Medha Servo Rail Coach Factory in Ranga Reddy district on Thursday. Do you think Rail Ministry was right in closing down the Schools, Junior & Degree Colleges on IR? Ltd designs and manufactures various world-class high-tech electronics products for application on locomotives, train sets, coaches, railway stations and yards, making it the largest propulsion equipment supplier to the Indian Railways. This will be the largest private sector rail coach manufacturing unit in the country. Medha Servo plans Rs 800 crore rail, metro coach factory in Telangana 28 Oct, 2017, 10.40 AM IST Telangana has signed a memorandum of understanding (MoU) with Medha Servo on Friday evening … Do you Agree in the Merger of Rail Budget with the Union Budget? Trade Unions argue that Removal of "Service Charge" for Online IRCTC Ticket Bookings shall eventually lead to Closure of "Reservation Counters". : Medha Servo Drives,a Hyderabad-based diversified firm, on Thursday laid the foundation for setting up a rail coach factory in Telangana at an investment of Rs 1,000 crore. “Today, we are happy to have found a partner who is ready to set up a Rail/Metro Coach Factory in Telangana. Is it Right Time for IR to fulfill Demands of New Rail Zones/Divisions? Medha Servo Drives Pvt. It is expected that the factory will generate 1,000 direct and 1,200 indirect jobs in the region. Medha Servo to set up India’s largest private rail coach factory in Telangana. Telangana Government on Friday allotted 100-acre land for an upcoming rail and metro coach factory, proposed to be set up by Hyderabad-based Medha Servo Drives Private Limited, with an estimated investment of Rs.800 crores. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. Medha Group has initiated works on setting up a rail coach factory with an investment of ₹1,000 crore in Telanagna. The facility, touted the country’s largest private-sector rail coach factory… Will Suresh Prabhu's Resignation as Railway Minister solve the Problem faced by IR? A Hyderabad-based diversified firm, Medha Servo Drives laid the foundation for setting up a rail coach factory in Telangana at an investment of Rs 1,000 crore (US$ 141.86 million). RailNews is about to get Licence for 24*7 News TV Channel. Spread across 100 acres, the … Minister KTR speech at MoU Signing Ceremony with Medha Servo Drives to Set up Rail Coach Manufacturing Factory in Telangana. "The facility will have a capacity of manufacturing coaches, locomotives, inter-city train sets, metro trains and monorail, among others. Hyderabad: Hyderabad will soon be home to the country’s largest railway coach factory in the private sector, with IT and Industries Minister K T Rama Rao laying the foundation stone for the Rs 1,000 crore … Many of the companies changed names over time; this list attempts to give the most recognisable name, generally … HYDERABAD: Hyderabad headquartered Medha Servo Drives, part of Rs 1,000 crore Medha … Though Telangana was promised a Rail Coach Factory within six months of its formation, in the AP State Reorganization Act 2014, it has never become a reality in spite of frequent appeals to the central government’s said Telangana’s industries minister KT Rama Rao, speaking at the MoU ceremony. Further, Medha is working with ICF to deliver a 160 kmph train design which will be the first trainset capable of running at 160 kmph in Indian Railways, the statement added. For consent related queries and conditions, please write to info.brandindia@ibef.org, An initiative of the Ministry of Commerce & Industry, Government of India, ALERT : Javacript is either disabled OR not not supported by this browser. Further, it said Medha has in-house R&D facilities and developed products that were otherwise supplied by multinationals like ABB, Alstom, Bombardier, Caterpillar, GE, Hitachi, Mitsubishi, Siemens, Toshiba, etc. Is Odisha CM right in his demand to reorganise IR in lines with Income Tax, Postal, Central Excise & Telecom Circles? Welcome Step Tax, Postal, Central Excise & Telecom Circles private Rail manufacturing... Think Trade Unions had Contributed for Betterment of Railways Junior & Degree Colleges on IR World-class Services Support! New Rail Zones/Divisions you Agree in the region 's Resignation as Railway Minister solve the Problem by! Medha Servo said of companies that manufactured railroad cars and other rolling stock Reason... 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