The rail coach factory is being set up with an investment of Rs 1,000 crore, creating 2,200 employment opportunities (1,000 direct and 1,200 indirect) in the region. About 100 acres of land has been allocated through TSIIC at Kondakal to Medha Servo Drives Rail/Metro Coach Factory. 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. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". The facility will have a capacity of manufacturing coaches, locomotives, intercity trainsets, metro trains, monorail and other such parts. We believe in free, fair and credible journalism. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Medha Servo Drives Pvt. 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. Integral Coach Factory, Perambur. The facility, touted the country’s largest private-sector rail coach factory, provides employment opportunity to 2,200 persons in the region, said the Telangana government in a statement. We, however, have a request. advertisement. 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. ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Hyderabad, Aug 13 (PTI): 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. 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 Medha Servo Rail Coach factory at Kondakal village in Ranga Reddy district on Thursday. 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. This will create employment opportunities for 2,200 people Hyderabad: Hyderabad will soon have India’s largest rail coach factory for its private sector.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. The Minister said the facility is expected to create an eco system for rail coach manufacturing in the state. 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. Last Updated at August 13, 2020 22:38 IST. Speaking on the occasion, KT Rama Rao said that the Medha Rail Coach factory is yet another achievement by the K Chandrashekar Rao government. : Medha Servo Drives,a Ltd designs and manufactures various world-class high-tech electronics products for application on locomotives, trainsets, coaches, railway stations and yards, making it the largest propulsion equipment supplier to the Indian Railways. 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.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); The factory is expected to create 1,000 direct and 1,200 indirect jobs in the region, said the release. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed. Support quality journalism and subscribe to Business Standard. Prototype MEMU Train arrives in Mumbai for trials from ICF/Perambur | 22 Jun 2019. Hyderabad: Telangana's Industries Minister K. T. 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