KCR | Hyderabad, June 22 (Maxim News): Chief Minister K. Chandrashekhar Rao inaugurated Medha Rail Coach Factory, the largest private coach factory in India at Kondakal lin shankarpally mandal of Ranga Reddy district today.
On behalf of the State government, he assured complete support to Medha Servo Group for its expansion in Telangana and was confident that it would create massive employment opportunities for the local youth.
Addressing the factory employees after the inauguration, Chandrashekhar Rao said he was impressed with the state-of-the-art facility created by the company founders Kashyap Reddy and Srinivas Reddy. He termed it as a proud moment as booths sons of Telangana have established such a massive manufacturing facility to supply rail coaches to the entire world.
For any State or country to progress, there should be a congenial eco-system and TS-iPASS has created such an eco-system for the industrial growth in Telangana. Due to the establishment of the rail coach factory, several ancillary industries are also coming up in the surrounding areas and creating more jobs for locals, he said.
KCR Inaugurated Mehda Rail Coach Factory
In a joint venture, Telangana-based Medha Servo Group and Stadler Rail established the rail coach manufacturing at Kondakal with an investment of Rs. 1,000 crores. The Industries department led by Minister K.Tarak Rama Rao succeeded in attracting such massive investment for the establishment of India’s largest private coach factory in Hyderabad, despite the Centre giving cold shoulders and going back on its promise to establish a rail coach factory at Kazipet under the Andhra Pradesh Reorganisation Act.
The coach factory has been established in about 25 acres and will be expanded further in a phased manner. Apart from manufacturing components for two Vande Bharat trains being operated in the Telugu States, the facility had already supplied 160 coaches to the railways. The Medha Servo Group also plans to establish a wagon manufacturing unit spanning another 75 acres.
Ministers K.Tarak Rama Rao, T. Harish Rao,. P.Sabitha Indra Reddy, Ps, MLA, and MLCs along with Chief Secretary A. Santhi Kumari, Principal Secretary for IT and Industries Jayesh Ranjan, Medha Servo Group MD Kashyap Reddy, and others participated in the inaugural ceremony. (Maxim News)
Next Story :
BJP Mahila Morcha Protest at Revanth Reddy Residence in Hyderabad
Hyderabad, April 18 (Maxim News) : Tension prevailed in Hyderabad on Saturday after BJP Mahila Morcha workers staged a protest near Chief Minister Revanth Reddy’s residence at Jubilee Hills Road No. 45. The protest was held against the Congress party’s stand on women related bills in Parliament. Huge number of BJP Mahila Morcha activists, led…
BJP Responsible For Failure Of Women’s Reservation Bill: KTR
Hyderabad, April 18 (Maxim News): BRS working president KT Rama Rao on Friday held the BJP solely responsible for the failure of the Women’s Reservation Bill in the Lok Sabha. Here To Join Us On WhatsApp He accused the party of complicating the issue by deliberately linking it to delimitation and demanded bringing a fresh…
Bandi Sanjay Slams Opposition Over 131st Amendment Bill
Hyderabad, April 18 (Maxim News) : Union Minister of State for Home Affairs Bandi Sanjay Kumar strongly criticised the Opposition for blocking the 131st Constitutional Amendment Bill in the Lok Sabha. He alleged that Congress and the I.N.D.I.A alliance committed a historic betrayal against southern states. In a detailed statement posted on X on Saturday,…
Revanth Reddy Seeks Bayyaram Steel Plant in Delhi Meet
New Delhi, April 18 (Maxim News) : Chief Minister A Revanth Reddy continued his busy Delhi tour and met Union Ministers H D Kumaraswamy and Srinivasa Varma on Friday. During the meetings, he presented Telangana Rising 2047 vision proposals and sought support for major industrial projects. The Chief Minister urged the Centre to establish the…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates
