Plasser India to Set Up 2nd Facility at Vadodara at Rs 400 Crore by March 2019

Plasser India to Set Up 2nd Facility at Vadodara at Rs 400 Crore by March 2019

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Date of Post: 18 Sep, 2018

New Delhi: Railway machinery maker Plasser India is setting up its 2nd manufacturing facility at Vadodara in Gujarat at an investment of Rs 400 crore, a top company official said.

More Information:

  • The new unit will be spread over an area of 25 acres and would commence operations by the end of March 2019, Managing Director of Plasser India, Siegfried Fink said.
  • He said, the company has a unit at Faridabad (Haryana) where it makes machines used for rail track maintenance, laying down of tracks, their alignment etc.
  • He said, the government promotes “Make In India” and Plasser India is already making in India for past 50 years and has given employment to over 400 people.
  • Another 500-600 people will get job at the Vadodara plant, Fink said.

About Plasser India:

Plasser India manufactures machines for track maintenance, track laying as well as track renewal.

The machines for Indian Railways are tailor-made designs with special emphasis on applying the technology most appropriate for the local conditions.

Machines and components are not only manufactured for the Indian market, also foreign Railway systems have already received high quality products from Plasser India.


To know more about recent developments of  Railways-

16 Sep, 2018 : India’s First Engineless Train To Run Between Delhi and Bhopal Soon

16 Sep, 2018 : Ircon International Opens Its IPO for Subscription Today

16 Sep, 2018 : Indian Railways to Try Japanese Technology in Bio-Toilets at Railway Stations


Author:

Deepak Kumar is a part of the content team of Rail Analysis India as a writer and analyst .
His focus is on new initiatives on the Railway Sector of India .
Please reach us at editor@railanalysis.com for more information .


 

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