India’s largest private rail coach factory was inaugurated in Kondakal village, Telangana.: The rail coach plant was opened on June 22 by Chief Minister K Chandrasekhar Rao. Medha Servo Drives Pvt Ltd of Hyderabad established it in collaboration with Swiss railway rolling stock maker Stadler Rail. With an investment of over Rs 805 crore, the first phase of the factory has been set up in about 100 acres.
It has an annual production capacity of 500 coaches and 50 locomotives. The plant has reportedly provided employment to over 550 people so far and 1,000 more will be added soon.
The company inked an agreement with the State Industrial Infrastructure Corporation in 2017 to establish a private rail coach plant, and the foundation stone was laid in 2020. Medha Servo Drives is the leading provider of propulsion equipment to Indian Railways. The Medha Servo Drives designs and manufactures electrical and electronic railway products. It is also only Indian firm with in-house research and development (R&D) facilities.
