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Bharat Forge arm, Spain’s Talgo form JV for making high speed trains

The proposed collaboration between BF Infrastructure Ltd and Talgo India will focus on setting-up manufacturing, maintenance and life cycle support hub for new generation, energy efficient, lightweight aluminum high speed railway trains.Read more

Budget’s 35% capex jump to Rs 7.5 trillion underscores appetite for infrastructure steel

As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy.Read more

Hitachi Energy to help speed up electrification of Indian Railways

The technology and market leader in power grids will deliver its transformers to Indian Railways, which aims to become a net zero carbon emitter by 2030Read more

Jindal Stainless launches chequered stainless steel sheet Infinity for Railways

With the launch of Infinity, the company aims to capture 20% market share over the next 3 years, amounting to an additional business potential of Rs 500 crores.Read more

Godrej & Boyce, Indian Railways to co-develop universal coach assembly station

Godrej Tooling, a business unit of Godrej & Boyce (the flagship company of the Godrej Group), has partnered with the Indian Railways to design and develop the Universal Coach Assembly station as an indigenous solution for Coach Assembly fabrication in the brand new Marathwada Railcoach Factory in Latur, Maharashtra. The Universal Coach Assembly Station has cut the time it takes to assemble a coach from 24 hours to 12 hours.Read more

Godrej & Boyce and Indian Railways to develop universal coach assembly station

The Universal Coach Assembly station is designed and developed with an auto welder setup to boost productivity and further accelerate the vision of Aatmanirbhar Bharat. Godrej Tooling eyes Rs 100 crore business in the industrial machines LOB in the next 3 years.Read more

GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs

According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more

Alstom delivers 100th electric locomotive of 12,000 HP to Indian Railways

As part of the contract worth Euro 3.5 billion won in 2015, Alstom will be supplying 800 fully electric high-powered double-section locomotives of 12,000 HP (9 MW) for freight service. This is the largest FDI project in the Indian Railway sector.Read more

Budget 2021 to boost public transport; Railways to spend Rs 1.07 trn in capex

The government plans to deploy two new technologies i.e. MetroLite and MetroNeo to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities. Read more

FM increases capex by 34.5% in Budget 2021-22 to Rs 5.54 trillion

In addition, more than Rs 2 trillion will be provided to states and autonomous bodies for their capital expenditure during the year. Indian Railways to spend Rs 1.07 trillion for capital expenditure in 2021-22.Read more

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