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Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion
This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more
BEML to deliver all 10 Vande Bharat Sleepers by year-end; trial run by August
Although the initial plan aimed for these trains to be operational by March, technical delays pushed the timeline forward. Read more
Indian Railways to produce 10,000 Non-AC coaches by 2025-26
The expansion is part of IR’s strategy to enhance services and cater to rising demand.Read more
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