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Medha Group to invest Rs 1,000 cr to set up Country’s largest private-sector rail coach factory

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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.

Telanganas Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad.
Rangareddy: Telangana Industries and IT Minister KT Rama Rao at the groundbreaking ceremony of Medha rail coach factory in Kondakal of Shankarpally Mandal in Rangareddy district on Aug 13, 2020. (Phto: IANS)

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.

M K Rai
M K Raihttps://www.metrorailnews.in
M K Rai is a Delhi based Author and Journalist.

10 COMMENTS

  1. Its a challenging project. Good. Nice initiative. Growing country is our goal. Thanks to the project/group. Go ahead.

  2. 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.

  3. Medha group can do it becouse has long time link with railsystem. Very well knows the requirements of traffic. All the best.

  4. Really it is good apportunity for private sector it’s target nation development (we are also manufacture of pressriser for water

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