HomeReal EstateCommercialIndian Railways Teams Up with Local Firms to Reduce Wheel Imports and...

Indian Railways Teams Up with Local Firms to Reduce Wheel Imports and Boost Domestic Production

Indian Railways Teams Up with Local Firms to Reduce Wheel Imports and Boost Domestic Production

Indian Railways has partnered with an Indian consortium to locally produce forged wheels for locomotives and coaching stock (LHB). This collaboration is expected to strengthen the domestic manufacturing sector and reduce the dependency on countries like China, Russia, and Ukraine for the supply of these critical components.

Indian Railways has been importing various types of forged wheels since the 1960s, sourcing them from countries such as the UK, Czech Republic, Brazil, Romania, Japan, China, Ukraine, and Russia. In 2024-25, forged wheels worth approximately Rs 900 crore were imported from China, Russia, and Ukraine, with the majority being sourced from China due to the ongoing Russia-Ukraine crisis. In addition, 40,000 wheels were supplied by the Steel Authority of India Limited (SAIL). The need for forged wheels is projected to grow significantly, with Indian Railways anticipating a demand of up to 2 lakh wheels annually by 2026 due to the induction of more high-speed trains. However, the current domestic production capacity for the 2024-25 period is only 75,000 wheels, making it imperative to scale up manufacturing capacity.

To meet this growing demand, Indian Railways has turned to a consortium consisting of Ramakrishna Forgings Ltd (RKFL) and Titagarh Rail Systems Ltd (TWL). This partnership is set to produce 80,000 wheels per annum over the next 20 years, a vital step in reducing imports and increasing domestic production. The consortium has already acquired 72.75 acres of land in Tamil Nadu, where construction of the manufacturing plant is progressing. The civil work, including shed construction, is already underway, and the project is expected to be completed by March 2026. Machines for the plant have been ordered, with dispatches expected to start in March 2025. Additionally, the Railway Board has approved the issuance of 20 wheels on a payment basis for sample purposes.

This move is a part of Indian Railways’ broader strategy to enhance self-reliance in critical infrastructure components and boost local manufacturing. By producing wheels domestically, the Indian Railways aims to not only cut down on imports but also contribute to the growth of the Indian economy through the creation of jobs and the expansion of the local industrial base. The development is seen as a positive step towards enhancing the efficiency and sustainability of India’s railway system. With the increasing demand for high-speed trains and modernisation of the railway network, this initiative will play a key role in supporting India’s ambition to become more self-sufficient in critical infrastructure needs. As the railway network continues to expand, this collaboration is an important milestone towards achieving greater industrial self-reliance and supporting India’s ‘Make in India’ vision.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

India Housing Sector Fuels Cement Industry Growth

India Housing Sector Fuels Cement Industry Growth

India’s expanding residential construction market is expected to become the primary engine of cement demand over the coming years,signalling a shift in how the...
India Steel Quotas Challenge Manufacturing Growth

India Steel Quotas Challenge Manufacturing Growth

Fresh concerns have emerged over UK steel quotas after Indian exporters warned that existing tariff rate limits may not adequately accommodate shipments in several...
India Aluminium Imports Face Fresh Policy Debate

India Aluminium Imports Face Fresh Policy Debate

India’s proposal to lower the aluminium import duty on primary metal has sparked renewed debate over balancing manufacturing competitiveness with domestic industrial growth. The policy...
India Cements Sector Reshapes Board And Funding Plans

India Cements Sector Reshapes Board And Funding Plans

Shareholders of RCC Cements have approved a series of governance and financing resolutions that strengthen the company’s capacity to pursue future expansion while reshaping...
India Fertiliser Reserves Support Farm Stability

India Fertiliser Reserves Support Farm Stability

India has entered the peak kharif sowing period with fertiliser stocks remaining comfortably above projected seasonal demand,strengthening supply security for farmers and reducing the...