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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

HPX successfully executes 1st e-RA contract for Indian Railways

On February 12, has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways. The exchange simultaneously logged its highest single day volume of 36.18MUs.Read more

Godrej & Boyce, Renmakch together to develop a 'Make-in-India’ value chain for railways

Godrej Tooling signed a Memorandum of Understanding (MoU) with Renmakch to leverages global technology from Europe and Japan to promote indigenous development in Indian Rail sector. Read more

Indian electric equipment market is expected to reach $ 70.69 bn by 2025

Elektrolites Power is leading manufacturer and innovator in the field of power transmission and distribution. Anil Saboo, Chairman and MD, Elektrolites Power tells, they are working on smart grid technologies adoption and increase their exports to more than 40 countries, and looking forward to build new business developments at Elecram 2023.Read more

KEC International bags orders worth Rs 1,108 cr

The company's railways business has secured its maiden order in the Train Collision Avoidance System (TCAS) segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.Read more

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

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