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MACHINIST - Modi lays foundation stone for Jindal Rail Infrastructure Ltd Wagon factory

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Home arrow Mergers and Acquisitions arrow Modi lays foundation stone for Jindal Rail Infrastructure Ltd Wagon factory

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Modi lays foundation stone for Jindal Rail Infrastructure Ltd Wagon factory
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Written by Ravi   
Tuesday, 24 November 2009

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Vadodara: Shri Narendra Modi, Chief Minister of Gujarat, laid the foundation stone of Jindal Rail Infrastructure Limited's new Railway Rolling Stock manufacturing facility, located south of Karjan Railway station and spread across 204 bighas (117 acres approx), in Vadodara District of Gujarat. The project involves a total investment of Rs. 2700 crores.

In the first phase, the facility will employ 1100 workers and manufacture 3000 wagons per year. On completion, the project is expected to generate employment for about 4500 people. The series manufacture of wagons is proposed to begin from February 2011.

Initially, the facility will produce Open Type (BOXN) Freight Wagons for Coal, Iron Ore etc., Container Flat Wagons (BLC) for containers and Covered (BCN) Wagons for cement, food grain etc. Manufacture of the prototype wagon and it's approval by RDSO is expected by January 2011.

In the second phase, facilities to manufacture Electric and Diesel Multiple Units required for suburban passenger traffic will be set up.

The manufacturing process at the factory shall be as per RDSO (Research Designs and Standards Organization) document G-93 on facilities required for manufacture and testing of railway wagons and RDSO document G-72 dealing with general specification for fabrication of wagons. Prove-out of Plant capability along with Machinery & Plant trials is expected to be completed by October 2010.

"During the Vibrant Gujarat Global Investors’ Summit 2009, a number of companies promoted by Jindal SAW signed MOUs with Government of Gujarat, one of which was by JRIL for setting up Rail Wagon Manufacturing facility here," said Prithviraj Jindal, Vice Chairman, Jindal SAW Ltd.

"We aim to continue bringing in substantial investments to Gujarat and also generate more employment through our Vadodara facility which will be equipped with state-of-art of manufacturing with technologically advanced fabrication equipment. We are sure that this facility would act as a growth engine not only for Jindal ITF but also for the region," said Indresh Batra Managing Director, Jindal SAW Ltd. and Vice Chairman & Managing Director, Jindal ITF.

Jindal Rail Infrastructure Limited is a a 100% subsidiary of Jindal ITF, which is an infrastructure arm of Jindal SAW Ltd.

 
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