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ICF manufacturing high-speed trains having 280 kmph speed: Railway minister

Business Standard LogoBusiness Standard9h ago

ICF manufacturing high-speed trains having 280 kmph speed: Railway minister - Business Standard

Quick Summary:

The Integral Coach Factory, Chennai, in collaboration with BEML, is designing and manufacturing high-speed train sets that will have a design speed of 280 kmph, Railway Minister Ashwini Vaishnaw told Parliament on Wednesday.

In a written reply to a question in the Lok Sabha, Vaishnaw said following the success of Vande Bharat trains under the "Make in India" initiative, the Indian Railways (IR) has now taken up designing and manufacturing of high-speed train sets.

"The manufacturing cost is approximately Rs 28 crore per car (excluding taxes), which is highly competitive compared with other train sets," he said, replying to questions raised by Bharatiya Janata Party (BJP) MPs Sudhir Gupta and Ananta Nayak.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2024-11-27 @ 16:19:45 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 10 lines

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Copyright Owner: © Business Standard

News ID: 23904609

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