MSD plans Rs.800 cr coach making plant

    Medha Servo Drives (MSD)
    Medha Servo Drives (MSD), which is a part of the Hyderabad-based Medha group that supplies propulsion equipment to Indian Railways, has announced plans to set up a large rail and metro coach manufacturing facility at Kondakal on the outskirts of Hyderabad in Telangana at an investment of Rs.800 crore. In this connection, Telangana has signed an MoU with Medha Servo for the rail and metro coach manufacturing facility, the state industries minister KT Rama Rao said that the state is fast emerging as a manufacturing hub as the Telangana State Industrial Infrastructure Corporation has allotted about 100 acres of land in favour of Medha Servo for the proposed coach factory. Medha has also agreed to work with the Telangana Academy for Skill and Knowledge to train the required manpower for the upcoming factory. Medha already has in-house R&D facilities and developed products that were otherwise supplied by multinationals like ABB, Alstom, Bombardier, Caterpillar, GE, Hitachi, Mitsubishi, Siemens, Toshiba, etc. By supplying products designed and manufactured by Indian engineers meeting international standards, Medha has become a trusted partner of Indian Railways and the group has ambition to grow internationally for which it has recently opened first overseas sales office in Dallas, USA, the company said in a statement.
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