Rail and Metro coach manufacturing coach factory has going to be start in kondakal in telangana State soon, it will take 2 years to complete the project. Coming up over 100 acres, it will be India's largest private rail coach factory and will be capable of manufacturing coaches, locomotives, metro trains and monorail. The telangana company by name Metha Sarvo Drives had made agreement with Telangana Government in presense Minister K. Taraka Rama Rao. Andhra Pradesh to take up real-time performance study of electric bikes to promote usage “Anyone who works in Hyderabad need not necessary have to live in the city. Rama Rao, stating that the State government’s proactive approach and conducive policies had encouraged Medha Group to establish its world-class rail coach factory in the State, said the facility signals the creation of an ecosystem for rail coach manufacturing in Telangana State. It is spread over 100 acres and is being constructed with a budget of Rs 800 crore. Medha rail coach factory is being constructed in Kondakal village of Shankarpally Mandal in Rangareddy district. LTD. All rights reserved. Sources said that the project sprawled … Emraan Hashmi is on an ‘incognito’ bike ride, Tamil Nadu CM inaugurates 2,000 Amma mini-clinics for COVID-19 testing, Nokia PureBook X14 laptop with Intel Core i5 launched, Fadnavis likens curbs on Maratha quota protests to ‘Emergency’, Greenlight Planet Honored the Award of Excellence – Power, Ola to invest Rs 2,400Cr for scooter factory in Tamil Nadu, Canada to begin Pfizer-BioNTech Covid-19 vaccine roll-out, Recovery going well: Jadeja shares training video ahead of Test series, AK 47s, Sten guns, grenades - slain gangster Nayeem’s weapon collection revealed, Watch: Meet Hyderabad’s male belly dancer, Watch: Meet Laxmamma from Hyderabad, selling delicious cooked meals. Telangana has signed a memorandum of understanding (MoU) with Medha Servo on Friday evening for the rail and metro coach manufacturing facility… Medha Servo Drives, manufacturer of high-tech electronics for locomotives, is setting up a railway coach factory at Kondakal in Ranga Reddy district, Telangana, entailing an investment of Rs 1,000 crore. Click the link to subscribe. Spread across 100 acres, the rail coach factory is being constructed with a budget of Rs 800 crore. : Medha Servo Drives,a Hyderabad-based diversified firm, on Thursday laid the foundation for setting up a rail coach factory in Telangana at an investment of Rs 1,000 crore. After the ground breaking ceremony of Medha Rail Coach Factory in Kondakal village near here in Rangareddy District, IT and Industries Ministers KT Rama Rao said Telangana’s proactive approach and conducive policies encouraged Medha Group to establish its world-class rail coach factory in the State. Hyderabad headquartered Medha Servo Drives, part of Rs 1,000 crore Medha group that supplies propulsion equipment to Indian Railways, has announced plans to set up a large rail and metro coach manufacturing facility at Kondakal near Hyderabad in Telangana, involving an investment of around Rs 800 crore. He called upon Medha, established by home grown entrepreneurs, to explore the possibility of venturing into the Rs 30,000 crore initiative of the Union government for manufacture of Metro coaches. A person from Adilabad can reach Hyderabad in just one hour. Telangana’s IT and Industries Minister KT Rama Rao laid the foundation for 1,000 cr Medha Rail Coach Factory project Kondakal Village in the Ranga Reddy District on Thursday. gyada bala mallu, M.D venkata narasimha reddy, governemnt vhip pallan rajeswara reddy and mlc yadava reddy, meda group chairman yugandhar reddy, E.D sreenivas reddy. Similarly, anyone living in Vijayawada can reach Hyderabad in two hours and from Hyderabad to Bengaluru in just three hours,” he said. Rail and Metro coach manufacturing coach factory has going to be start in kondakal in telangana State soon, it will take 2 years to complete the project. A Hyderabad-based diversified firm, Medha Servo Drives laid the foundation for setting up a rail coach factory in Telangana at an investment of Rs 1,000 crore (US$ 141.86 million). “You must analyse our policy and come up with ideas to manufacture EV buses, cars, two-wheelers and even three-wheelers,” he said. Hyderabad (Metro Rail News) – Medha Servo Drives Pvt. Hyderabad, Aug 13 (IANS) Telangana's Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. HYDERABAD: Hyderabad headquartered Medha Servo Drives, part of Rs 1,000 crore Medha group that supplies propulsion equipment to Indian Railways, has announced plans to set up a large rail and metro coach manufacturing facility at Kondakal near Hyderabad in Telangana, involving an investment of around Rs 800 crore. Hyderabad: Hyderabad will soon have India’s largest rail coach factory for its private sector. The company is going to invest 800 crores and it is going to be provide employment opportunity gyadari balafor 2000 members. Hyderabad: Hyderabad will soon be home to the country’s largest railway coach factory in the private sector, with IT and Industries Minister K T Rama Rao laying the foundation stone for the Rs 1,000 crore Medha Servo Rail Coach factory at Kondakal village in Ranga Reddy district on Thursday. The State Government signed a deal with Hyderabad-based Medha Servo Drives on the Metro Rail Coach Factory to invest about Rs 800 crore. This new rail and metro coach factory is going to be establish at in between rangareddy and sangareddy district boarders at kondakal village.The agreement has made between medha organisation MD. Ltd., a major private player in Rail transportation is going to invest Rs 1,000 crore in setting a rail coach factory which is being touted as India’s largest private-sector rail coach factory.The project is set to be established on Hyderabad’s outskirts at Kondakal village in Shankarpally of Rangareddy district. Underscoring Telangana’s emergence as a major investment destination in various sectors, the Minister, speaking after the ground breaking ceremony, said: “Hyderabad has an aviation hub at Adibhatla that makes components for Boeing, Apache and Sikorsky aircraft and helicopters, a tractor factory in Zaheerebad, a bus building unit in Hyderabad and now railway coaches will also be manufactured in Telangana.”. Rail transportation player Medha Servo Drives Pvt Ltd is investing Rs 1,000 crore in setting up what is being touted as India’s largest private sector rail coach factory on Hyderabad’s outskirts at Kondakal village. He attributed the stupendous growth of Medha, established in 2005, to sheer hardwork, and pointed out that it had grown from a Rs 25 crore company to setting up 12 factories across five continents. Now you can get handpicked stories from Telangana Today on Telegram everyday. Counting on the presence of the state in the country’s development map, the Minister said during the ground-breaking ceremony … Kashyap Reddy and TSIIC chairman Hyderabad: The state will soon have a rail/metro coach factory at Kondakal on the borders of Sangareddy and Ranga Reddy districts. © Copyrights 2016, TELANGANA PUBLICATIONS PVT. The facility, touted the country’s largest private-sector rail coach factory, provides employment opportunity to 2,200 persons in the region, said the Telangana government in a … He also urged the company to participate in monorail or metro rail projects in tier two cities like Warangal, besides entering the huge Electric Vehicles (EV) market taking advantage of the State government’s recent EV policy. Click to follow Telangana Today Facebook page and Twitter . State Minister for IT and Industries KT Rama Rao participated in the ground-breaking ceremony of the Medha Rail Coach Factory in Kondakal village in … Urging the Medha Group to consider adopting Kondakal and Velmal villages as part of their Corporate Social Responsibility, the Minister also appealed to the MPs to spend money from MPLADS in establishing skill development centres to train local youth under Telangana Academy for Skill and Knowledge (TASK). 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