Push for Make in India as Railways floats fresh tender for 44 Vande Bharat train sets
Indian Railways has floated a revised tender for procure semi high-speed 44 Vande Bharat train sets, with mandating 75% domestic component. The revised tender is estimated to be around Rs 2,000 crore.
"This bid is now a domestic tender. Only the companies registered in India can apply and will have to quote in Indian Rupee," the Railways said in a statement.
The revised tender is in line with Government of India's preference for Make In India policy, the minimum local content percentage has been revised to 75%. It is the first big tender under revised DPIIT norms of Atma Nirbhar Bharat.