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PLI railway push for local manufacturing of components for Vande Bharat & LHB

The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more

Semiconductor, electronics and railway industries to see boost in Odisha; Vaishnaw

A training program will also be introduced in the semiconductor industry.Read more

Railways to revise Rs 310 billion wagon procurement plan after MI contract fail

The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more

Titagarh Rail Systems to develop driverless metro trains

A critical supplier to Indian Railways, it currently produces 1,000 wagons a month.Read more

Revent along with ECS Mobility opens manufacturing facility in Haryana

The new facility, which will cater to the needs of automotive and non-automotive segments, will manufacture ring gear on flex plates, ring gears on flywheels, independent ring gears, and ring gears assembled with flywheels and flex plates.Read more

Ministry of Railways orders 2,237 Wagons from Jupiter Wagons worth Rs 957 cr

The offer letter has been received from the Ministry of Railways, the wagon manufacturer said in an exchange filingRead more

EVs present new challenges and opportunities for tool makers: Pankaj Abhyankar

In this interview with Rakesh Rao, Pankaj Abhyankar, Sr VP & Business Head, Godrej Tooling, explains the evolution of the tooling industry in India.Read more

Record-Breaking budget plan for Indian Railways overhaul in 2024-25

The capital expenditure (capex) for the railways is poised for a substantial increase, projected to be around 25% higher than the 2023-24 budget estimates.Read more

ArcelorMittal, IIT Madras forge partnership for Asia's first hyperloop test track

Both ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS) are contributing foundational steel materials, along with their engineering, design, and project management expertise to facilitate the development of the Hyperloop test track.Read more

Texmaco Rail & Engineering secures Rs 1,374 cr order from Indian Railways

The first tranche of 1,133 wagons is to be delivered by December 31, 2024 while the second tranche of 1,133 wagons is to be delivered by June 30, 2025.Read more

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