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News Entry# 287932
Dec 07 2016 (22:36)  Prabhu lays Foundation Stone for Rolling Stock Component Factory at Lote Parshuram (
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News Entry# 287932     
   Past Edits
Dec 07 2016 (10:36PM)
Station Tag: Ratnagiri/RN added by Record Breaking Year^~/1397979
Stations:  Ratnagiri/RN  
Lote Parshuram: Railway Minister Suresh Prabhu laid the foundation stone for setting up of the Rolling Stock Component Factory, estimated to cost nearly Rs.300 crore at Lote Parshuram near Ratnagiri district in Maharshtra.
For the project, 50 acres land has been acquired from the MIDC in Lote Parshuram area in Ratnagiri district by Central Railway.
The centralised Railway Rolling Stock Components factory can discharge the works of overhaul and rehabilitation of safety sub-assemblies of railway rolling stock.
overhaul equipment and rehabilitation lines coupled with dedicated workers will ensure consistent and world class quality at low cost. This factory will meet the needs of not only Central Railway but also the adjoining railways like Konkan Railway Corporation, Western Railway, South Central Railway, South Western Railway,” the statement issued by Central Railway added.
Indian Railways will accrue the vital benefits like improvement in reliability of wagons and coaches, increased availability and higher rolling stock and reliability from the facility.
Being the first big project in the area, this factory will pave way for ancillary activities in the adjoining areas of Khed and Chiplun in Ratnagiri district, it said.
The project is also expected to speed up the development of the region through employment generation of around 500, it said.
Union Heavy Industries Minister Anant Geete, Shiv Sena MP Vinayak Raut, Member of Rolling Stock in Railway Board Ravindra Gupta, General Manager of Central Railway D K Sharma, CMD of Konkan Railway Sanjay Gupta and others were present on the occasion
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