Govt. clears Rs. 1,460-cr rail project

    Rail Projects in Karnataka
    In a recent development, the state government in Karnataka has cleared a long-pending rail coach factory project to be set-up in Kolar area in Karnataka at an investment of Rs. 1,460cr. In this connection, the Karnataka government has promised funds and land for the mega project. The rail ministry cleared the project four years ago but in a recent move, the state government has earmarked funds in the state budget to acquire 1,120 acres of land for the purpose and that the state will bear half of the project cost besides providing the land free of cost. It may be recalled that this is the fourth rail coach factory in the country mooted by the railways after Chennai, Kapurthala, and Rae Bareli. The rail coach factory and the auxiliary units that would come up around the factory will open up huge, both direct and indirect job generation opportunities to the local youth, said an official spokesperson.
    CURRENTLY ONLINE
    We have 343 guests and 3 members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week