The Railways is considering investing $.163.50 Million on modernising its workshops over one year, including $.23.50 million for procuring machines.
Mr.R.K.Rao, Member, Mechanical, Railway Board, announced this while inaugurating a two-day international seminar on 'Railway workshop modernisation and new technology in machine tools'.
"The Railways is expected to invest approximately $.23.50 million for procurement of machines and approximately $.140 million for modernisation of workshops over the next one year", elaborated.
The Railways has more than 50 mechanical engineering workshops and production units. It is planning to modernise technical segments like wheel machining automation, metal forming, metal cutting, metal finishing, rescue devices, measurement toold and IT.
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