"Over the next 4-6 years, we will invest about Rs 1,000 crore to create state of the art infrastructure which will employ 1,000 plus people to deliver high quality trains from this factory," he said. Developed at par with European standards, this was the first Indian train which can run at a speed of 160 km per hour. 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. Medha Servo Drives is the largest propulsion equipment supplier to Indian Railways that will be setting up Rail or Metro Coach Factory. It will develop all types of railway rolling stock including coaches, train sets, locomotives, metro trains and monorails," he said. HYDERABAD: KT Rama Rao, Telangana minister for Industries and IT, laid the foundation stone for the Medha Servo Rail Coach Factory in Shankarpally, Ranga Reddy district, on Thursday. He said the large suppliers' base to be developed by the factory was expected to generate 1,200 indirect jobs. IT Minister KTR, Finance Minister Harish Rao, Minister for Education participated in a groundbreaking ceremony of Medha Rail Coach Factory in Kondakal, Shankarpally, Rangareddy. It is the largest propulsion equipment supplier to Indian Railways and also the largest traction motor manufacturer and largest supplier of signalling equipment to the national transporter. Being set up by Medha Group with an investment of Rs 1,000 crore, the coach factory will have a production capacity of 500 coaches and 50 locomotives per year. Medha Group has initiated works on setting up a rail coach factory with an investment of ₹1,000 crore in Telanagna. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. The factory is located at a distance of 7 kms. On August 13, Telangana received yet another major investment proposal from Medha Servo Drives Pvt. Hyderabad: Medha Servo Drives, which designs and manufactures high-tech electronics for locomotives, is setting up a railway coach factory at Kondakal near Hyderabad in Telangana, involving an investment of Rs 1,000 crore. 570.97 crores (approximately USD 88.84 million) for supplying propulsion systems for 148 Motor Coaches of EMU trains to Integral Coach Factory (ICF, Indian Railways). Telangana minister KT Rama Rao said that the Medha Rail Coach Factory -- "India's largest private-sector rail coach factory" -- is expected to create an ecosystem for rail coach manufacturing in Telangana. Medha Group had signed the Memorandum of Understanding (MoU) with Telangana State Industrial Infrastructure Corporation (TSIIC) in 2017 while the land was allotted last year. Medha Group has initiated works on setting up a rail coach factory with an investment of ₹1,000 crore in Telanagna. State Minister for IT and Industries KT Rama Rao participated in the ground-breaking ceremony of the Medha Rail Coach Factory in Kondakal village in neighbouring Rangareddy district, an official press release said. Spread across 100 acres, the rail coach factory is being constructed in Kodangal village of Shankarpally mandal with a … Medha Servo Drives' Managing Director Khashyap Reddy said with proximity to Hyderabad and access to railway tracks, the company had an ideal location for the plant. Also, since the Railways is having dedicated containers to transport automobiles the project could be successful. Industries and IT Minister KT Rama Rao performing rituals at the groundbreaking ceremony of Medha rail coach factory in Kondakal of Shankarpally mandal in Rangareddy. It is spread over 100 acres and is being constructed with a budget of Rs 800 crore. Medha Group has initiated works on setting up a rail coach factory with an investment of ₹1,000 crore in Telanagna. Medha Group to invest Rs 1,000 cr to set up Country’s... M K Rai-Modified date: 15/08/2020 9. Hyderabad: Telangana's Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! It now has consolidated revenues of Rs 2,100 crore and 3,500 employees. He pointed out that most of the equipment including propulsion systems of the Vande Bharat express train launched last year between New Delhi and Varanasi had come from Medha. Being set up by Medha Group with an investment of Rs 1,000 crore, the coach factory will have a production capacity of 500 coaches and 50 locomotives per year. Tag: Medha Rail Coach Factory. PM Modi is confident of $5 trillion economy target! IT Minister KTR, Finance Minister Harish Rao, Minister for Education participated in a groundbreaking ceremony of Medha Rail Coach Factory in Kondakal, Shankarpally, Rangareddy. Groundbreaking ceremony of Medha Rail Coach Factory. Division: RCF: Department: STORES: Tender Reference Number: 12201248: Tender Title: SUPPLY AND APPLY OF SMALL FIXED WINDOW FOR LHB AC 3-TIER GARIB RATH COACHES A Hyderabad-based diversified firm, Medha Servo Drives laid the foundation for setting up a rail coach factory in Telangana at an investment of Rs 1,000 crore (US$ 141.86 million). Medha Servo Drives Pvt. Telangana 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 Medha Servo Rail Coach factory at Kondakal village in Ranga Reddy district on Thursday. Medha Servo Drives Managing Director, Kashyap Reddy said that they will invest about Rs 600 cr to Rs 800 cr for the coach factory capable of producing 200-300 coaches every year. Telangana's Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. Medha signs MoU with Telangana state government for setting up a Rail Coach Factory in suburbs of Hyderabad. The state-of-the-art manufacturing facilities and processes have enabled RCF to achieve excellence in Design, Development, Manufacture, Installation and after sales service of Railway Coaches with a view to ensure enhanced satisfaction of the Rail customer. RECENT UPDATES. Speaking after laying foundation stone for Medha Rail Coach factoryat Kondakal village in Ranga Reddy district here on Thursday, the minister recalle that the State was assured of a railway coach factory in Kazipet in the bifurcation Act itself, but the promise was not honoured. The facility will manufacture coaches, locomotives, intercity trainsets, metro trains and monorail. You can change your choices at any time by visiting Your Privacy Controls. We have partnership with Kolkata Metro Rail and Chennai’s Railway Integral Coach Factory, he said. Hyderabad, Aug 13 (IANS) Telangana ’s Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. Tag: Medha Rail Coach Factory. Location Highlights: Our new project is just 30 Minutes drive from Medha Rail Coach Factory, 50 Minutes drive from Patancheru, 30 Minutes drive from ICFAI University, 40 Minutes drive from Financial District, 50 Minutes drive from Hitech City / Gachibowli circle. Telangana’s IT and Industries Minister KT Rama Rao laid the foundation for 1,000 cr Medha Rail Coach Factory project Kondakal Village in the Ranga Reddy District on Thursday. Location Highlights: Our new project is just 30 Minutes drive from Medha Rail Coach Factory, 50 Minutes drive from Patancheru, 30 Minutes drive from ICFAI University, 40 Minutes drive from Financial District, 50 Minutes drive from Hitech City / Gachibowli circle. Being set up by Medha Group with an investment of Rs 1,000 crore, the coach factory will have a production capacity of 500 coaches and 50 locomotives per year. RANGAREDDY: Telangana IT Minister K Taraka Rama Rao (KTR) laid the foundation stone for Medha Servo Rail Coach Factory in Rangareddy district on August 13. RANGAREDDY: Telangana IT Minister K Taraka Rama Rao (KTR) laid the foundation stone for Medha Servo Rail Coach Factory in Rangareddy district on August 13. Hyderabad, Aug 13 Telangana's Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. Coming up over 100 acres, it will be India's largest private rail coach factory and will be capable of manufacturing coaches, locomotives, metro trains and monorail. Coming up over 100 acres, it … The facility will manufacture coaches, locomotives, intercity trainsets, metro trains and monorail. This new rail and metro coach factory is going to be establish at in between rangareddy and sangareddy district boarders at kondakal village.The agreement has made between medha organisation MD. After the ground breaking ceremony of Medha Rail Coach Factory in Kondakal village near here in Rangareddy District, IT and Industries Ministers … It has two subsidiaries each in Europe and the US, one in South America and four joint ventures in India. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. HYDERABAD: Telangana minister for industries KT Rama Rao laid the foundation stone for Medha Servo Rail Coach Factory in Ranga Reddy district on Thursday. KT Rama Rao asks centre to set up a rail coach... M K Rai-Modified date: 14/08/2020 1. Groundbreaking ceremony of Medha Rail Coach Factory. Hyderabad (Metro Rail News) – 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 Medha Servo Rail Coach factory at Kondakal village in … He said Medha, which made a modest beginning in 1984, had now grown into a group of 12 companies. Coming up over 100 acres, it will be India's largest private rail coach factory and will be capable of manufacturing coaches, locomotives, metro trains and monorail. The group, which had a turnover of Rs 25 crore in 2005, saw tremendous growth over the last 15 years. Nissan Magnite: Made in India Affordable and Compact SUV for world, LG's newest innovation, a 65 inch thin rollable TV for ultra-rich, Foundation laid for Rs 1,000 cr pvt rail coach factory near Hyderabad. Home Tags Medha Rail Coach Factory. The factory is located at a distance of 7 kms. Post Pandemic: How India's pandemic recovery could upset the air we breathe, Xiaomi Mi 10T: A Solid flagship allrounder that justifies price. RECENT UPDATES. Being set up by Medha Group with an investment of Rs 1,000 crore, the coach factory will have a production capacity of 500 coaches and 50 locomotives per year. Rail transportation player Medha Servo Drives Pvt Ltd is investing Rs 1,000 crore in setting up what is being touted as India’s largest private sector rail coach factory on Hyderabad’s outskirts at Kondakal village. Home Tags Medha Rail Coach Factory. Rama Rao said the plant with employment potential of 2,200 would give a big push for the manufacturing sector. About 100 acres of land has been allocated through TSIIC at Kondakal to Medha Servo Drives Rail/Metro Coach Factory. 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