Railways awards contract for supply of wheels & axles
RAILWAYS & METRO RAIL

Railways awards contract for supply of wheels & axles

The Indian Railways has awarded three tenders for the supply of axles and wheels worth more than Rs 500 crore to a Hong Kong-based firm, TZ (Taizhong). The items will be made in China and imported to India to meet the local requirement.

The tenders were awarded in May and June, according to documents available on the railway ministry website.
The Railway Ministry had informed the Lok Sabha that an order to procure 39,000 wheels for train coaches from the company was placed after a Ukraine-based company failed to meet the contract due to the Russian invasion of the country.

On June 1, the Railways placed an order for procuring 30,000 axles for wagons from TZ, Hong Kong, which will be used by the railways for freight movement.

The Indian Railways has awarded three tenders for the supply of axles and wheels worth more than Rs 500 crore to a Hong Kong-based firm, TZ (Taizhong). The items will be made in China and imported to India to meet the local requirement. The tenders were awarded in May and June, according to documents available on the railway ministry website. The Railway Ministry had informed the Lok Sabha that an order to procure 39,000 wheels for train coaches from the company was placed after a Ukraine-based company failed to meet the contract due to the Russian invasion of the country. On June 1, the Railways placed an order for procuring 30,000 axles for wagons from TZ, Hong Kong, which will be used by the railways for freight movement.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code