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Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex
With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more
Next focus of railways should be on high-speed 250-kph trains: Dr Sudhanshu Mani
In this exclusive interview with Rakesh Rao, Dr Sudhanshu Mani, the retired GM of Integral Coach Factory (ICF) who is considered the brain behind Vande Bharat, highlights on the evolution of the railway sector in the last few years and what the future holds for the sector.Read more
Ramakrishna Forging with Titagarh Wagons remains lowest bidder for manufacturing 80,000 forged wheels
In a tender issued by Indian Railways in September 2022 for the production of 80,000 forged wheels every year for 20 years, Ramkrishna Forging Consortium with Titagarh Wagons Limited remains the lowest bidder with quoted Rs 12,226 crore. The company anticipates a business volume of over Rs 15,000 crore with the new production facility. Read more