Godrej Partners With Railways To Reduce Time Taken For Assembling Coaches

The company said it is eyeing a revenue of Rs 100 crore from the industrial machines line of business in the next three years.

Diversified group Godrej on Thursday announced a partnership with Indian Railways to help halve the time taken to assemble a coach to 12 hours and is eyeing a Rs 100 crore revenue from the industrial machines segment in next three years. Godrej Tooling, an arm of the group's flagship Godrej & Boyce, will be designing and developing the universal coach assembly station as an indigenous solution for coach assembly fabrication in the Marathwada Railcoach Factory at Latur in Maharashtra, according to a statement. The universal coach assembly station will cut the time it takes to assemble a coach from 24 hours to 12 hours, it added. The company said it is eyeing a revenue of Rs 100 crore from the industrial machines line of business in the next three years.