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.