The State Government signed a deal with Hyderabad-based Medha Servo Drives on the Metro Rail Coach Factory to invest about Rs 800 crore. IT Minister KTR, Finance Minister Harish Rao, Minister for Education participated in a groundbreaking ceremony of Medha Rail Coach Factory in Kondakal, Shankarpally, Rangareddy. The company is going to invest 800 crores and it is going to be provide employment opportunity gyadari balafor 2000 members. Toggle nav. 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Click to follow Telangana Today Facebook page and Twitter . : 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. The company is going to invest 800 crores … ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station Mar-2017 Chennai-made rake with 110 km|h top speed passes first trial round Nov-2015 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. Hyderabad: Hyderabad will soon have India’s largest rail coach factory for its private sector. The much-awaited rail coach factory will be constructed in Kondakal village, spread over 100 acres, with a massive investment of Rs 800 crore. “Telangana must transform into a self-reliant State, which is the aim of Chief Minister K Chandrashekhar Rao. IT and Industries Minister K T Rama Rao today laid the foundation for the proposed Medha Rail Coach Factory at Kondakal in Shankarpally mandal in Ranga Reddy district, along with Finance Minister T Harish Rao, Education Minister Sabitha Indra Reddy and others. 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.”. 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 neighbouring Rangareddy district, an official press release … 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 … Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! We must acquire the knowledge to manufacture world class equipment. 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. Andhra Pradesh to take up real-time performance study of electric bikes to promote usage 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. 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. 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. Telangana has signed a memorandum of understanding (MoU) with Medha Servo on Friday evening for the rail and metro coach manufacturing facility… Medha Rail and Metro Coach factory in kondakal (Hyderabad) 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. Now you can get handpicked stories from Telangana Today on Telegram everyday. Tags: ktr medha rail coach factory ts news కేటీఆర్ మేధ రైల్ కోచ్ ఫ్యాక్టరీ టీఎస్ న్యూస్ మరిన్ని The factory which will have facilities to manufacture coaches, locomotives, intercity trainsets, metro trains, monorail, among others, will provide direct employment to at least 1,000 persons besides generating indirect employment for another 1,200. 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 … After the ground breaking ceremony of Medha Rail Coach Factory in Kondakal village near here in Rangareddy District, IT and Industries Ministers … 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. Medha can partner with European companiesand make Telangana the only State to produce world class railway coaches,” he said, adding that once the 160 km speed locomotives manufactured by Medha hit the tracks, the entire lifestyle of daily commuters will change. 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). 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. 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, 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. Telangana IT and Industries Minister K T Rama Rao laid the foundation stone for the facility on 13 August 2020. It is spread over 100 acres and is being constructed with a budget of Rs 800 crore. Sources said that the project sprawled … 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. It is spread over 100 acres and is being constructed with a budget of Rs 800 crore. Similarly, anyone living in Vijayawada can reach Hyderabad in two hours and from Hyderabad to Bengaluru in just three hours,” he said. Hyderabad: Telangana's Industries Minister K. T. Rama Rao on Thursday laid the foundation stone for Medha Rail Coach Factory at Kondakal near Hyderabad. Medha rail coach factory is being constructed in Kondakal village of Shankarpally Mandal in Rangareddy district. Finance Minister T Harish Rao, Education Minister Sabitha Indra Reddy, MPs Ranjith Reddy and Prabhakar Reddy, Ranga Reddy District Collector Amoy Kumar, Sangareddy District Collector M Hanumanth Rao, Managing Director of Medha Group Y Kashyap Reddy and Executive Director Srinivas Reddy also participated in the ground breaking ceremony. 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. Hyderabad: Medha Servo Drives, which designs and manufactures high-tech electronics for locomotives, is setting up a railway coach factory at Kondakal near Hyderabad in Telangana, involving an investment of Rs 1,000 crore. 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. 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. Hyderabad: The state will soon have a rail/metro coach factory at Kondakal on the borders of Sangareddy and Ranga Reddy districts. Rail and Metro Coach Factory in Telangana. “You must analyse our policy and come up with ideas to manufacture EV buses, cars, two-wheelers and even three-wheelers,” he said. © Copyrights 2016, TELANGANA PUBLICATIONS PVT. The telangana company by name Metha Sarvo Drives had made agreement with Telangana Government in presense Minister K. Taraka Rama Rao. Minister K.T. The Telangana company by name Metha Sarvo Drives had made agreement with Telangana Government in presence Minister K. Taraka Rama Rao. 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. As per the state reorganisation act centre has to establish coach factory at kazhipet, even though state has allocated the place for this, but no response from the center. Hyderabad (Metro Rail News) – 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 … LTD. All rights reserved. The facility will be the […] Click the link to subscribe. “Medha being a home grown company makes Telangana proud,” he added. “Anyone who works in Hyderabad need not necessary have to live in the city. 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. Proposal from Medha Servo Rail Coach factory to invest about medha rail coach factory kondakal 800 crore Hyderabad-based Medha Servo Drives Pvt invest. T Rama Rao signed a deal with Hyderabad-based Medha Servo Drives Pvt going... One hour Telangana received yet another major investment proposal from Medha Servo Drives on Metro! State, which is the aim of Chief Minister K Chandrashekhar Rao foundation for 1,000-cr. 13, Telangana received yet another major investment proposal from Medha Servo Drives on the Metro Rail News –. 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