Chief Minister Directs Officials To Draft a Policy That Offers Incentives To Coach Manufacturing Companies To Set Up Units In Maharashtra

Chief Minister Directs Officials To Draft a Policy That Offers Incentives To Coach Manufacturing Companies To Set Up Units In Maharashtra

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Date Of Post: 16 Jan, 2018

Mumbai: Maharashtra Chief Minister Devendra Fadnavis has asked officials in the state industries department to draft a policy that offers incentives to coach-manufacturing companies to set up units in Maharashtra. Fadnavis, who heads the MMRDA (Mumbai Metropolitan Region Development Authority), recently asked its officials to engage in a dialogue with companies that manufacture Metro coaches.

More Information:

  • “The move is a part of the ‘Make in Maharashtra’ programme. The CM has directed the urban development and industries departments to formulate a package giving incentives to companies that are willing to undertake rolling stock manufacturing in Maharashtra,” Pravin Darade, additional metropolitan commissioner, MMRDA, said.
  • “Maharashtra, and particularly Mumbai, will procure maximum number of coaches. This will also lead to direct and indirect employment generation,” Darade, who was part of the meeting in which the decision was taken, said.
  • At present, the state has 8 ongoing metro projects in Mumbai, Pune & Nagpur, and requires around 600 coaches for the corridors.
  • Apart from that, the MMRDA has planned several other corridors in Mumbai which will require additional coaches over the next few years.

Coach Manufacturers In India-

  • presently, only 3 companies manufacture rakes in India— the Indian subsidiaries of Bombardier & Alstom, and the Indian PSU (public sector undertaking) BEML.
  • Meanwhile, CRRC (China Railway Rolling Stock Corporation) has proposed to invest Rs 1,500 crore to set up a rolling stock manufacturing unit at Butibori MIDC Extension in Nagpur for the Nagpur Metro projects.

Image Credit: MP Metro Rail

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