more-inChief Minister Devendra Fadnavis and Railway Minister Piyush Goyal will lay the foundation stone of the proposed Rail Coach Factory at Latur on Saturday. The decision to set up the factory was taken in January and it is expected to cost ₹500 crore. The Rail Coach Factory will manufacture EMU coaches as well as Metro coaches. During the Summit Mr. Goyal had said that the eventual plan was to create a large industrial complex of around 2,000 acres and turn Latur into a manufacturing hub for Metro coaches. The coach factory has been planned to meet the demand for Metro coaches, especially in Maharashtra.

Source: The Hindu March 30, 2018 18:45 UTC