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Wagon makers set for 20% revenue growth this fiscal: CRISIL

With order books standing at 2.3 times the revenue of wagon makers, the sector is expected to operate at 90% capacity this fiscal, up from less than 50% in fiscal 2021. Read more

Alstom hands over the first trainset to Delhi Metro Rail Corporation

Under the ‘Make in India’ & ‘Atmanirbhar Bharat’ initiatives, these metro trains are being manufactured in SriCity, Andhra Pradesh. Read more

India's first 250 kmph bullet train set to be built in Bengaluru

Manufacturing will take place at BEML's Bengaluru plant, with the project slated for completion in 2.5 years. Read more

Railway stocks to be in focus as FM Sitharaman reviews capex plan

The Finance Minister emphasised the need for the ministry to meet the capex target for the fiscal year 2024-25 within a set timeframe, building on the progress made in the first 100 days of the Modi government. Read more

Six additional Vande Bharat trains expected to be rolled out by month-end

The Vande Bharat trains have now become the fastest point-to-point services in the country, offering passenger amenities that rival those of airlines and setting new standards in rail travel.Read more

BEML launches prototype for driverless metro trainsets for BMRCL

BEML secured the contract in August 2023, valued at Rs 31.77 billion, for designing, manufacturing, supplying, installing, testing, and commissioning 53 trainsets. Read more

Indian Railways to use nuclear power for green energy push

IR will need 30,000 MW of renewable capacity by 2029-30 to achieve this goal.Read more

Apple begins training workers for Made-in-India iPhone Pro models

Additionally, Apple is expected to make the made-in-India standard iPhone 16 available on the same day as its worldwide release, according to the source.Read more

Indian Railways reduces Vande Bharat orders, introduces 24-coach sets

The manufacturing will be handled by Kinet Railway Solutions, a joint venture between India’s RVNL, Russian engineering firm Metrowagonmash, and LES, with a 25:70:5 ownership ratio.Read more

Indian Railways cancels tender for 100 Vande Bharat trains

Despite being the lowest bidder when the tender was opened on May 30, 2023, Alstom's bid did not meet the revised price expectations.Read more

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