The Railways has drawn up a blueprint to become a wheels exporter and floated a tender on Friday to build a plant which would manufacture at least 80,000 wheels every year, Union Minister Ashwini Vaishnaw said.
At a press briefing, Vaishnaw said forged wheels needed for high-speed trains and for LHB coaches will now be produced in the ‘Make in India’ plant and there will be an assured procurement of 80,000 wheels for Rs 600 crore per year.
This is for the first time the Railways has floated a tender to invite private players to build a wheel plant and make wheels for high-speed trains in India, he said.