Hyderabad ( Metro Rail News ) – Hyderabad will soon be home to the country’s largest railway coach factory in the private sector, with IT and Industries Minister K T Rama Rao laying the foundation stone for the Rs 1,000 crore Medha Servo Rail Coach factory at Kondakal village in Ranga Reddy district on Thursday. Foundation stone laid by Shri KT Rama Rao garu (#KTR) (Minister of IT … Production capacity is planned for 500 coaches of various types and 50 locomotives per year," Medha Servo said. Find all recent RCF Vacancy 2020 across India and check all latest RCF 2020 job openings instantly here, Know upcoming RCF Recruitment 2020 immediately here. Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! However at Medha, we continue to practice the notion that happy associates perform better and hence produce better results. These associates are also required to serve Medha for a minimum of 10 years from the date they are selected to award the apartment, after which the apartment will be transferred to the associate. Hyderabad: Medha Servo Drives, which designs and manufactures high-tech electronics for locomotives, is setting up a railway coach factory at Kondakal near Hyderabad in Telangana, involving an investment of Rs 1,000 crore. Telangana has signed a memorandum of understanding (MoU) with Medha … Enjoying Innovation and Applying Technology for improving the lives of people.Enhancing the image of India in the world, in high technology. Laying the foundation for a ₹1,000-crore rail coach factory of Medha Group near Hyderabad, Mr.Rao said at the time of bifurcation of Andhra Pradesh, the Centre had said that a rail coach … 14 Aug, 2020, 08.12 AM IST "The facility will have a capacity of manufacturing coaches, locomotives, inter-city train sets, metro trains and monorail, among others. Once new graduates are employed as Engineer (R&D)-Trainee, they go through an extensive training program for six months, which includes a hands-on project for 13 weeks. Sources said that the project sprawled … Subscribe & find updates. The goal of the training program is to instil knowledge about Medha's products, product development cycle, quality consciousness, industry trends and latest technologies. All associates contributing to new product development or major overhaul/upgrade of existing products receive 'project completion bonus' in recognition of their efforts in successfully completing the new project. Hyderabad, Aug 13 (PTI): Medha Servo Drives,a Hyderabad-based diversified firm, on Thursday laid the foundation for setting up a rail coach factory in Telangana at … One of the Memorable day in #Medha's journey. Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! To nurture the feeling of entrepreneurship in all its R&D associates, Medha's management has put in place a 'Product Royalty' scheme whereby, all R&D Engineers who have been instrumental in the development of a new product or major overhaul/upgrade of an existing product are paid a percentage of profits made by that particular product every year. Hence, in addition to standard training courses offered at MTC, various customised courses are offered upon employees requests to improve any specific skill set to help them meet their present and future requirements. All Rights Reserved. Get Direct Official Link for applying RCF Recruitment 2020 along with current RCF Recruitment official Notification 2020 here. A housing colony has been built for R&D Centre associates, where apartments are awarded to selected associates based on their performance, contribution to the company and minimum employment criteria of 3 years with Medha. For this purpose, every year profits are calculated for each product based on accurate accounting of material cost, labour costs and administrative costs, which are attributed accurately for each product sold. Since we as a company are growing with the help of our dedicated associates, we believe in giving it back to them in various forms. Hyderabad: Hyderabad will soon be home to the country’s largest railway coach factory in the private sector, with IT and Industries Minister K T Rama Rao laying the foundation stone for the Rs 1,000 crore Medha Servo Rail Coach factory at Kondakal village in Ranga Reddy district on Thursday. These qualities either improve the saleability of the product or reduce the cost, hence improving the quantum and percentage or profits respectively. Copyright © 2017 Medha Servo Drives Private Limited. To make each employee successful in their career, we take them on their chosen career path and help them gain valuable experience with R&D projects while mentoring them. Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! Copyright © 2017 Medha Servo Drives Private Limited. The apartments are awarded at subsidized rates, close to 90% subsidy based on current market rates. All Rights Reserved. IT Minister KTR, Finance Minister Harish Rao, Minister for Education participated in a groundbreaking ceremony of Medha Rail Coach Factory in Kondakal, Shankarpally, Rangareddy. To recognize their loyalty, Medha's management had promised compensation in the future, in the form of a housing scheme, which has been put into plan in 2008 by awarding these associates apartments in 'Medha's gated community' and awarded 91 Flats to the associates. Special emphasis is placed on domain knowledge, since designing products for railway environment needs special skills and knowledge, not easily gained through college education or even with work experience outside of this industry. The factory is located at a distance of 7 kms. REGISTERED OFFICE:MEDHA SERVO DRIVES PVT. The facility, touted the country’s largest private-sector rail coach factory, provides employment opportunity to 2,200 persons in the region, said the Telangana government in a statement. Installation and after sales service of Railway Coaches with a view to ensure enhanced satisfaction of the Rail customer. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station Mar-2017 Chennai-made rake with 110 km|h top speed passes first trial round Nov-2015 RCF Recruitment 2020 Free Job alert for both Fresher and Experienced Candidates updated on January 08, 2020. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station, Chennai-made rake with 110 km|h top speed passes first trial round. “Medha will soon be the country’s largest rail coach factory in the private sector. LTD. P-4/5B, IDA, Nacharam, Hyderabad - 500 076 Telangana, IndiaPhone: +91-40-2717 1101; Fax: +91-40-2715 4706. After the ground breaking ceremony of Medha Rail Coach Factory in Kondakal village near here in Rangareddy District, IT and Industries Ministers KT Rama Rao said Telangana’s proactive approach and conducive policies encouraged Medha Group to establish its world-class rail coach factory in the State. Some of the benefits are: In addition to these benefits, we believe in recognizing associates who have excelled at work and proved their calibre through performance, dedication and honesty. Telangana has units that manufacture buses, tractors, parts of aircraft, and helicopters and with Medha Group setting up their rail coach factory the state will now become a hub for manufacturing train coaches as well, KTR said. Latest 21 Rail Coach Factory jobs vacancies updated on 5 Dec 2020 Medha Servo to set up India’s largest private rail coach factory in Telangana. Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! Recognizing that R&D staff is the backbone of the company, Medha has certain additional benefits for all R&D Centre associates, directly involved in the R&D process. Hyderabad headquartered Medha Servo Drives, part of Rs 1,000 crore Medha group that supplies propulsion equipment to Indian Railways, has announced plans to set up a large rail and metro coach manufacturing facility at Kondakal near Hyderabad in Telangana, involving an investment of around Rs 800 crore. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station Mar-2017 Chennai-made rake with 110 km|h top speed passes first trial round Nov-2015 Medha's new addition to the benefits is its housing scheme, which is provided to its associates of the R&D Centre and the Manufacturing Unit. During the training program, each Trainee works on a project, which helps them bridge the gap between their college learning and its application at Medha. To aid employees in their learning, MTC offers e-Learning facilities through intranet. It is expected that the factory will generate 1,000 direct and 1,200 indirect jobs in the region. Tags: ktr medha rail coach factory ts news కేటీఆర్‌ మేధ రైల్‌ కోచ్‌ ఫ్యాక్టరీ టీఎస్‌ న్యూస్‌ మరిన్ని RANGAREDDY: Telangana IT Minister K Taraka Rama Rao (KTR) laid the foundation stone for Medha Servo Rail Coach Factory in Rangareddy district on August 13. Groundbreaking ceremony of Medha Rail Coach Factory. Medha Servo Drives designs and manufactures high-tech electronics products for application … Hyderabad (Metro Rail News): Telangana’s Industries and Information Technology Minister K T Rama Rao has urged the union government to keep its word given to the newborn State of Telangana and set up a railway coach factory in the public sector at Kazipet. While experienced employees go through an induction program on Medha's product offerings, domain knowledge and industry trends, all new college hires go through the standard training sessions along with some customised sessions depending on the R&D department they will join and their future role at Medha. Medha Group to invest Rs 1,000 crore to set up India's largest private sector rail coach factory Swati Bharadwaj / TNN / Aug 13, 2020, 20:45 IST Facebook Twitter Linkedin EMail While the BHEL is a PSU and Medha is a domestic player, the third company CRRC is a Chinese entity, which has tied up with an Indian unit to bid … ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station Mar-2017 Chennai-made rake with 110 km|h top speed passes first trial round Nov-2015 associates who supported Medha during this time did not take any salary raise for two years. Enjoying Innovation and Applying Technology for improving the lives of people.Enhancing the image of India in the world, in high technology. Counting on the presence of the state in the country’s development map, the Minister said during the ground-breaking ceremony … Municipal Administration and Urban Development (MAUD) Minister KT Rama Rao on Thursday performed bhoomi puja for Medha rail coach factory in Kondakal of Shankarpally Mandal in Rangareddy district. from the historical city of Kapurthala. Metro Rail News, is India's exclusive and leading news portal and monthly magazine which is being published with a deep focus on urban mobility, metro railway projects, mass rapid transit systems, high-speed rail projects, transport infrastructure, and smart public transportation in smart cities projects in India by Symbroj Media Pvt. Integral Coach Factory ICF, Train 18 exclusive first impressions Nov-2018 ‘Make in India’ Train 18 inter-city prototype on test Oct-2018 IR takes a leap! On August 13, Telangana received yet another major investment proposal from Medha Servo Drives Pvt. Employees can use this facility at their convenience and study a wide variety of topics. ICF unveils Sri Lanka Railways diesel-electric multiple units, Integral Coach Factory ICF, Train 18 exclusive first impressions, ‘Make in India’ Train 18 inter-city prototype on test, IR takes a leap! Ltd., The associate is offered to pay the market rent to Medha during the 10 year period. Ltd., a major private player in Rail transportation is going to invest Rs 1,000 crore in setting a rail coach factory which is being touted as India’s largest private-sector rail coach factory.The project is set to be established on Hyderabad’s outskirts at Kondakal village in Shankarpally of Rangareddy district. Hyderabad (Metro Rail News) – Medha Servo Drives Pvt. All associates above certain minimum pay scale have performance linked bonus that is paid once every year. Production capacity is planned for 500 coaches of various types and 50 locomotives per year," Medha Servo said. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station Mar-2017 Chennai-made rake with 110 km|h top speed passes first trial round Nov-2015 Established in 1986, RCF is a coach manufacturing unit of Indian Railways. While most companies offer some sort of induction program to new employees, Medha's employees go through a rigorous training program at Medha Training Centre (MTC). LTD. P-4/5B, IDA, Nacharam, Hyderabad - 500 076 Telangana, IndiaPhone: +91-40-2717 1101; Fax: +91-40-2715 4706. The idea is to nurture an environment where R&D staff is awarded for instilling the product with right qualities like lower production cost, better features compared to competitors, break-through performance, etc., which are responsible for increasing the sales of that product. Medha has awarded 38 Flats in 2008 and 21 Flats in 2014 to R&D Centre associates . ICF unveils Sri Lanka Railways diesel-electric multiple units, Integral Coach Factory ICF, Train 18 exclusive first impressions, ‘Make in India’ Train 18 inter-city prototype on test, IR takes a leap! Minister KTR speech at MoU Signing Ceremony with Medha Servo Drives to Set up Rail Coach Manufacturing Factory in Telangana. "The facility will have a capacity of manufacturing coaches, locomotives, inter-city train sets, metro trains and monorail, among others. Coming up over 100 acres, it will be India's largest private rail coach factory and will be capable of manufacturing coaches, locomotives, metro trains and monorail. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station, Chennai-made rake with 110 km|h top speed passes first trial round. REGISTERED OFFICE:MEDHA SERVO DRIVES PVT. In recognition of loyalty of long serving associates, commemorative gold coins are given as tokens of appreciation for all associates on completion of 10 years of employment with Medha and once every 5 years thereafter. MTC offers a wide variety of training methodologies including workshops, seminars, demonstrations and outdoor activities. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station Mar-2017 Chennai-made rake with 110 km|h top speed passes first trial round Nov-2015 Apart from compensation, standard holidays, leaves and statutory deductions, our associates receive a number of benefits for fulfilling their duties. Rail Coach Factory Recruitment 2020 (Jobs, Vacancies): Apply online for Rail Coach Factory jobs, get job alert & recruitment notification through Freshersworld. Medha understands that every employee goes through a learning curve at a new job and that there is a gap between knowledge gained through college education and industry experience. In this day of age when corporate benefits are becoming increasingly expensive, a number of mid-sized companies are beginning to rethink their associate benefit options. The Minister said the facility is expected to create an eco system for rail coach manufacturing in the state. The factory is expected to create 1,000 direct and 1,200 indirect jobs in the region, said the release. The goal of each member of MTC is to cater to employee's needs and be a catalyst in the career growth of employees. Telangana’s IT and Industries Minister KT Rama Rao laid the foundation for 1,000 cr Medha Rail Coach Factory project Kondakal Village in the Ranga Reddy District on Thursday. The facility, touted the country’s largest private-sector rail coach factory, provides employment opportunity to 2,200 persons in the region, said the Telangana … Hyderabad: Hyderabad will soon have India’s largest rail coach factory for its private sector. 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