ICF Plans to chug into metro market
Integral Coach Factory plans to chug into Metro market
The country’s leading railway coach manufacturers, the Integral Coach Factory (ICF) here, is eyeing the growing Metro train market in India and is in touch with the Union Urban Development Ministry and states.
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Addressing a press meet organised to highlight ICF’s performance for the year 2016-17, Mani, however, did not quantify the size of the domestic Metro train market.
LC Trivedi, Chief Mechanical Engineer, ICF, said while the cost of a single Metro coach globally was about Rs 10-11 crore, ICF was trying to cut it by 40 per cent. The focus was on making the coaches indigenous by using locally procured material for manufacture, he said.
Mani said ICF was also focussing on a high speed train, called Train 18 which could clock 160 km/ph, and is likely to be rolled out next March.
Source:DTNEXT
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