Vande Bharat must make most procurement locally

28 Jan 2021 CW Team

Indian Railways has awarded a Rs 2,211 crore tender to Hyderabad-based Medha Servo Drives Ltd for procurement of Vande Bharat Express (Train 18). The Indian Railways put a condition that the tender would require that a minimum of 75% be made locally.

The contract includes design, manufacture, supply and other equipment required for making the sets for 44 rakes and 16 cars each. These train sets will be manufactured at three production units of Indian Railways—24 rakes at Integral Coach Factory (ICF), 10 rakes at Modern Coach Factory (MCF) and 10 rakes at Rail Coach Factory (RCF).

The Ministry of Railways (MoR) said the delivery schedule for the supply of the first two prototype rakes would be in 20 months and after successful commissioning, the Hyderabad-based firm would deliver an average of six rakes per quarter.

A five-year comprehensive annual maintenance contract with the supplier has been included in the procurement. The specifications were prepared after multiple deliberations with the industry at various levels for manufacturing the train sets indigenously. Whether three-quarters indigenous procurement is feasible in reality is not known at present.

Image Source

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..