November 23, 2024 02:58 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
Indian Railways floats tender inviting pvt players to make 80,000 wheels annually
Indian Railways
Image Cr: Nitin Waghela

Indian Railways floats tender inviting pvt players to make 80,000 wheels annually

| @indiablooms | 09 Sep 2022, 11:41 pm

The India Railways Friday floated tender inviting bids from private players for setting up a wheel plant with a capacity of manufacturing at least 80,000 wheels annually, according to media reports.

Railway Minister Ashwini Vaishnaw said a blueprint has been drawn to export wheels. He added that this is the first time private entities have been invited to build a unit and manufacture wheels for high-speed trains in India.

According to the plan, while SAIL will provide one lakh of the two lakh wheels needed by the railways every year, the rest will be manufactured by a new "Make in India" plant.

Addressing a press conference, Vaishnaw said the tender will be awarded on the condition that the manufacturing plant will be an exporter of wheels too for the European market.

The other condition of the tender is that the plant has to be set up in 18 months, the minister added.

The wheels of the high-speed Vande Bharat trains were stuck in war-hit Ukraine and those had to be airlifted to meet the timelines set for their production.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.