TS-iPASS is the ecosystem spurring industrial growth: KCR
Chief Minister K .Chandrasekhar Rao and others being briefed about the rail coach manufacturing facility of Medha near Hyderabad on Thursday
| Photo Credit: Arrangement
Telangana realised its aspiration to host a rail coach manufacturing plant with the formal inauguration of Medha Servo Drives factory near Hyderabad by Chief Minister K. Chandrasekhar Rao on Thursday.
“We are really proud of you,” Mr. Rao told the Medha promoters amid applause from the workforce at the opening of the facility for rail and metro coaches in Kondakal, near here. He assured all support for the company as it gets set to grow operations. Besides catering to the requirements of Indian Railways, it will also manufacture Mumbai monorail trainsets.
The Chief Minister, who earlier toured the facility, appreciated the company as also how its decision helped attract ancilliary units, including a Malaysian firm. “Whatever support is required… we are with you,” he said, pointing out that the coach factory is the latest addition to Telangana’s industrial landscape known for the prowess of Life Sciences sector.
Promoting manufacturing at scale can be achieved only when backed by conducive policy environment, Mr.Rao said, recalling the extensive research undertaken and the efforts that went into shaping of Telangana State Industrial Project Approval and Self-Certification System that assures time-bound clearance or deemed approval. TS-iPASS is “the real single window,” and the ecosystem to spur investments, he said. It has helped attract host of companies, large investments while staying clear of bogus MoUs, he said.
An official note on the Medha plant opening said as part of Andhra Pradesh Reorganisation Act 2014, Telangana was promised a rail coach factory within six months of the State formation but that was yet to become a reality despite frequent appeals to the Centre. Medha Servo Drives, which had signed an MoU with Telangana government for the factory in October 2017, was allotted 100 acres by TSIIC. Industries Minister K.T. Rama Rao laid the foundation for the 33,000 sq ft plant in August 2020.
The plant, on which the investment proposed is ₹ 805 crore, presently employed 558 people directly, while also benefitting an additional 500 indirectly. Around 1,000 people are likely to get employment opportunities in near future. Medha has formed a joint venture with Swiss railway rolling stock manufacturer Stadler Rail and the JV will use the factory to cater to the market in India and exports to customers across the Asia Pacific region.
Established in 1984 and into supply of various products to railways since 1990, Medha is focused on design, development, manufacture, supply and service of complex electrical and electronic railway products. TSIIC has also allotted 25 acres at E-City to Medha for manufacture of Solar PV invertors, a project on which the company will be investing ₹80 crore in two phases and generate jobs for 210 people.
For more news from the world of Bollywood, digital and television, stay tuned
- The Compact Mouse that's built for You: The Lenovo 150 Wireless Compact Mouse, designed with your convenience in mind. It’s easy to get more done when you don’t have to waste time untangling messy cables or searching the office for new batteries. Its compact size makes it the perfect companion no matter what the occasion. Slide it into your pocket, backpack or laptop bag, and you’re ready to go
- No more distractions: With a 2.4 GHz Nano USB receiver and up to 10 months battery life, your work will never be interrupted again
- Accuracy is everything: Seamlessly glide between tasks with in-built 1000 DPI optical sensor navigation. Act quickly and accurately with the intuitive scroll wheel and thoughtfully placed buttons
- 【110lb Capacity】110lb/50kg capacity digital luggage scale precisely weighs suitcases, bags and backpacks. The electronic scale has an automatic hold function, so you can know the weight of your luggage within a few seconds.
- 【With Blue Backlit】With blue backlit on the top of the light weight hanging scale, you can easily lift the luggage up and look down to read the accurate value, which takes you less strength.
- 【Easy to Use】The luggage weight scale with buckle webbing is easy to use. Just connect the attached strap to the device, clip the strap to the handle of the bag, and lift it up, it's that simple.
- Dimensions: The Size of the cable storage travel case: 7.5" x 4.3" x 2.2". Compact size and lightweight make it easy to carry and put into your backpack, handbags or laptop bag without taking much space. Suitable for family use and daily organization.
- Quality Material: This electronic organizer travel case made of high quality durable waterproof oxford and soft sponge inside to secure your gadgets in place and deliver a quick access whenever you want, a perfect case protects your electronics accessories.
- Double Layers Design: The electronics storage bag has 2 layers interior compartment with enough space to take in your cords, cables, USB drive, cellphone, charger, mouse, flash drive, and other accessories.
Source link
