You are here: Home » PTI Stories » National » News
Business Standard

Rolling Stock Component unit to come up in Ratnagiri

Press Trust of India  |  Mumbai 

Railway Minister Suresh Prabhu will lay the foundation stone for the Rolling Stock Component factory, estimated to cost nearly Rs 300 crore, in Maharshtra's Ratnagiri district.

"The unit, to be set up at Lote Parshuram near Ratnagiri, would come up at a cost of Rs 297.28 crores and the foundation stone laying ceremony would happen very soon," a statement issued by said.



For the project, 50 acres land has been acquired from the MIDC in Lote Parshuram area in Ratnagiri district.

The centralised Railway Rolling Stock Components factory can discharge the works of overhaul and rehabilitation of safety sub-assemblies of railway rolling stock.

"Dedicated overhaul equipment and rehabilitation lines coupled with dedicated workers will ensure consistent and world class quality at low cost. This factory will meet the needs of not only but also the adjoining like Konkan Railway Corporation, Western Railway, South Central Railway, South Western Railway," it added.

Indian will accrue the vital benefits like improvement in reliability of wagons and coaches, increased availability and higher rolling stock and reliability from the facility.

Being the first big project in the area, this factory will pave way for ancillary activities in the adjoining areas of Khed and Chiplun in Ratnagiri district, it said.

The project is also expected to speed up the development of the region through employment generation of around 500, it said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Rolling Stock Component unit to come up in Ratnagiri

Railway Minister Suresh Prabhu will lay the foundation stone for the Rolling Stock Component factory, estimated to cost nearly Rs 300 crore, in Maharshtra's Ratnagiri district. "The unit, to be set up at Lote Parshuram near Ratnagiri, would come up at a cost of Rs 297.28 crores and the foundation stone laying ceremony would happen very soon," a statement issued by Central Railway said. For the project, 50 acres land has been acquired from the MIDC in Lote Parshuram area in Ratnagiri district. The centralised Railway Rolling Stock Components factory can discharge the works of overhaul and rehabilitation of safety sub-assemblies of railway rolling stock. "Dedicated overhaul equipment and rehabilitation lines coupled with dedicated workers will ensure consistent and world class quality at low cost. This factory will meet the needs of not only Central Railway but also the adjoining railways like Konkan Railway Corporation, Western Railway, South Central Railway, South Western ... Railway Minister Suresh Prabhu will lay the foundation stone for the Rolling Stock Component factory, estimated to cost nearly Rs 300 crore, in Maharshtra's Ratnagiri district.

"The unit, to be set up at Lote Parshuram near Ratnagiri, would come up at a cost of Rs 297.28 crores and the foundation stone laying ceremony would happen very soon," a statement issued by said.

For the project, 50 acres land has been acquired from the MIDC in Lote Parshuram area in Ratnagiri district.

The centralised Railway Rolling Stock Components factory can discharge the works of overhaul and rehabilitation of safety sub-assemblies of railway rolling stock.

"Dedicated overhaul equipment and rehabilitation lines coupled with dedicated workers will ensure consistent and world class quality at low cost. This factory will meet the needs of not only but also the adjoining like Konkan Railway Corporation, Western Railway, South Central Railway, South Western Railway," it added.

Indian will accrue the vital benefits like improvement in reliability of wagons and coaches, increased availability and higher rolling stock and reliability from the facility.

Being the first big project in the area, this factory will pave way for ancillary activities in the adjoining areas of Khed and Chiplun in Ratnagiri district, it said.

The project is also expected to speed up the development of the region through employment generation of around 500, it said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Rolling Stock Component unit to come up in Ratnagiri

Railway Minister Suresh Prabhu will lay the foundation stone for the Rolling Stock Component factory, estimated to cost nearly Rs 300 crore, in Maharshtra's Ratnagiri district.

"The unit, to be set up at Lote Parshuram near Ratnagiri, would come up at a cost of Rs 297.28 crores and the foundation stone laying ceremony would happen very soon," a statement issued by said.

For the project, 50 acres land has been acquired from the MIDC in Lote Parshuram area in Ratnagiri district.

The centralised Railway Rolling Stock Components factory can discharge the works of overhaul and rehabilitation of safety sub-assemblies of railway rolling stock.

"Dedicated overhaul equipment and rehabilitation lines coupled with dedicated workers will ensure consistent and world class quality at low cost. This factory will meet the needs of not only but also the adjoining like Konkan Railway Corporation, Western Railway, South Central Railway, South Western Railway," it added.

Indian will accrue the vital benefits like improvement in reliability of wagons and coaches, increased availability and higher rolling stock and reliability from the facility.

Being the first big project in the area, this factory will pave way for ancillary activities in the adjoining areas of Khed and Chiplun in Ratnagiri district, it said.

The project is also expected to speed up the development of the region through employment generation of around 500, it said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard