Four-decade-old Railways unit specialising in procurement to close
RAILWAYS & METRO RAIL

Four-decade-old Railways unit specialising in procurement to close

The Railway Ministry has ordered the closure of the Central Organisation for Modernisation of Workshops (COFMOW), a four-decade-old technical agency that specialises in machine acquisition for railways. The decision is consistent with the strategy of reducing waste by closing down government organisations in Railways that have outlived their usefulness, as recommended by Sanjeev Sanyal, a member of the Prime Minister's Economic Advisory Council, last year. COFMOW was established in 1979 to modernise several Railways production units and other workshops in the process of switching from mechanical equipment to more advanced, computer-controlled machines. It gathered competence in acquiring complex machinery for railways, giving to the process institutional knowledge of costs and technical soundness, as well as compatibility with modern machines.

Also Read
RLDA to lease out railway land in Kerala for commercial development
Supreme Court allows Adani to operate Thiruvananthapuram airport

The Railway Ministry has ordered the closure of the Central Organisation for Modernisation of Workshops (COFMOW), a four-decade-old technical agency that specialises in machine acquisition for railways. The decision is consistent with the strategy of reducing waste by closing down government organisations in Railways that have outlived their usefulness, as recommended by Sanjeev Sanyal, a member of the Prime Minister's Economic Advisory Council, last year. COFMOW was established in 1979 to modernise several Railways production units and other workshops in the process of switching from mechanical equipment to more advanced, computer-controlled machines. It gathered competence in acquiring complex machinery for railways, giving to the process institutional knowledge of costs and technical soundness, as well as compatibility with modern machines. Also Read RLDA to lease out railway land in Kerala for commercial development Supreme Court allows Adani to operate Thiruvananthapuram airport

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?