Mumbai, Jan 31 (IANS) The Railways will set up a coach factory in Maharashtra's Latur district, Railways Minister Piyush Goyal said after a meeting with Chief Minister Devendra Fadnavis here.
The decision was taken at a high-level meeting with Goyal and Fadnavis to discuss the setting up of the massive rail coach factory by the Indian Railways.
Railway Ministry officials said the plant would manufacture Electric Multiple Units (EMUs) for suburban trains and coaches for Metro trains.
"Work on this project will be done on high priority with fast track processing of all approvals. The Maharashtra government has offered several concessions including in land, taxes," said an official.
Fadnavis tweeted: "Thank you Piyush Goyalji for your commitment for setting up of factory of EMU for Suburban Railways and Metro coaches at Latur. Big boost to economic activities in Marathwada and huge employment opportunities."
The new coach plant will create an industrial ecosystem in the drought-prone region boosting shift from agriculture to industry.
