Bids Finalized for setting up two Loco Factories under ‘Make in India’ initiative

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..... Bids Finalized for setting up two Loco Factories under ‘Make in India’ initiative - Budget Dated:- 25-2-2016 - News - The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that in keeping .....

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..... with Prime Minister s emphasis on Make in India , the Indian Railways was able to finalise the bids for setting up two loco factories with an order book of about ₹ 40,000 crore. He said, the bi .....

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..... dding process was absolutely transparent and the rates received were extremely competitive. Presenting the Railway Budget 2016-17 in Parliament today, he said, these factories will create an ecosystem .....

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..... of many flourishing small and medium ancillary units which will get connected to the global supply chain. The Railway Minister said, they will boost employment potential of the entire Eastern regi .....

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..... on. Shri Suresh Prabhu said Indian Railways have since initiated a similar bid process for manufacture, supply and maintenance of train sets to be used for Rajdhani and Shatabdi services. It is propos .....

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..... ed to increase the current procurement by 30%. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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