Push for Make in India as Railways floats fresh tender for 44 Vande Bharat train sets

Push for Make in India as Railways floats fresh tender for 44 Vande Bharat train sets

Deccan Herald
Ajith Athrady,

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.

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