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Railways, Karnataka sign pact to set up rail coach unit

  •   Thu, Jan 30 2014 09:53:56 PM

Bangalore, Jan 30 (IANS): The railways ministry and the Karnataka government Thursday signed an agreement here to set up a rail coach factory at Kolar in the state.

As part of the agreement, the railways ministry and the state government will equally share the project cost estimated to be Rs.1,460 crore and to be set up in about 1,100 acres of land to be provided by the state free.

"The new rail coach unit will meet the increasing demand for passenger coaches and foster economic development of the state," Union Micro, Small and Medium Enterprises (MSME) Minister K.H. Muniyappa said here on the occasion.

Muniyappa, a veteran Congress leader, represents the Kolar parliamentary constituency from the southern state.

The agreement was signed by Railway Board advisor K. Swaminathan and state's Infrastructure Development Secretary Vandita Sharma in the presence of Muniyappa, Minister of State for Railways Surya Prakash Reddy, Chief Minister Siddaramaiah, and Infrastructure Development Minister Roshan Baig.

"The greenfield project will generate about 5,000 jobs and roll out 500 coaches in the first phase and 1,000 coaches when fully completed," Muniyappa said.

 
  

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Comment on this article

  • thomas, india

    Fri, Jan 31 2014

    Build Rail engines not only coaches.
    Build bullet trains with Japanese collaboration.
    Let future rails /train sin India be like aircraft's.
    Build the trains with Satellite navigation -highest safety - clean toilets - great seats.,
    No more people hanging from doors.
    Design build double deckesr and long haul rails.

    DisAgree Agree [3] Reply Report Abuse


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Title: Railways, Karnataka sign pact to set up rail coach unit



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