The apartments are awarded at subsidized rates, close to 90% subsidy based on current market rates. “Medha will soon be the country’s largest rail coach factory in the private sector. Established in 1986, RCF is a coach manufacturing unit of Indian Railways. 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. To aid employees in their learning, MTC offers e-Learning facilities through intranet. 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. 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. Speaking at the ceremony, Rama Rao said Chief Minister K Chandrashekhar Rao-led governments pro-active approach and conducive policies have encouraged Medha Group to establish its world-class rail coach factory. Ltd., ‘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 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 … 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. 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. "The facility will have a capacity of manufacturing coaches, locomotives, inter-city train sets, metro trains and monorail, among others. Counting on the presence of the state in the country’s development map, the Minister said during the ground-breaking ceremony … 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. 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 … 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. RCF Recruitment 2020 Free Job alert for both Fresher and Experienced Candidates updated on January 08, 2020. Groundbreaking ceremony of Medha Rail Coach Factory. Telangana has signed a memorandum of understanding (MoU) with Medha … The goal of the training program is to instil knowledge about Medha's products, product development cycle, quality consciousness, industry trends and latest technologies. 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. 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! 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! 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). 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. Employees can use this facility at their convenience and study a wide variety of topics. Production capacity is planned for 500 coaches of various types and 50 locomotives per year," Medha Servo said. 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! ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station, Chennai-made rake with 110 km|h top speed passes first trial round. IT Minister KTR, Finance Minister Harish Rao, Minister for Education participated in a groundbreaking ceremony of Medha Rail Coach Factory in Kondakal, Shankarpally, Rangareddy. Medha Servo Drives designs and manufactures high-tech electronics products for application … 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. 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. Rail Coach Factory Recruitment 2020 (Jobs, Vacancies): Apply online for Rail Coach Factory jobs, get job alert & recruitment notification through Freshersworld. The goal of each member of MTC is to cater to employee's needs and be a catalyst in the career growth of employees. All associates above certain minimum pay scale have performance linked bonus that is paid once every year. Latest 21 Rail Coach Factory jobs vacancies updated on 5 Dec 2020 All Rights Reserved. MTC offers a wide variety of training methodologies including workshops, seminars, demonstrations and outdoor activities. 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. 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. 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. 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. LTD. P-4/5B, IDA, Nacharam, Hyderabad - 500 076 Telangana, IndiaPhone: +91-40-2717 1101; Fax: +91-40-2715 4706. 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. Medha Servo to set up India’s largest private rail coach factory in Telangana. These qualities either improve the saleability of the product or reduce the cost, hence improving the quantum and percentage or profits respectively. 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! Hyderabad (Metro Rail News) – Medha Servo Drives Pvt. 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. The factory is expected to create 1,000 direct and 1,200 indirect jobs in the region, said the release. Production capacity is planned for 500 coaches of various types and 50 locomotives per year," Medha Servo said. Copyright © 2017 Medha Servo Drives Private Limited. On August 13, Telangana received yet another major investment proposal from Medha Servo Drives Pvt. REGISTERED OFFICE:MEDHA SERVO DRIVES PVT. A similar scheme was implemented for select associates who supported the company during slump in 2000 - 2002 during which period Medha had the first and last of annual losses. LTD. P-4/5B, IDA, Nacharam, Hyderabad - 500 076 Telangana, IndiaPhone: +91-40-2717 1101; Fax: +91-40-2715 4706. 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! Get Direct Official Link for applying RCF Recruitment 2020 along with current RCF Recruitment official Notification 2020 here. 14 Aug, 2020, 08.12 AM IST 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. Tags: ktr medha rail coach factory ts news కేటీఆర్‌ మేధ రైల్‌ కోచ్‌ ఫ్యాక్టరీ టీఎస్‌ న్యూస్‌ మరిన్ని Installation and after sales service of Railway Coaches with a view to ensure enhanced satisfaction of the Rail customer. "The facility will have a capacity of manufacturing coaches, locomotives, inter-city train sets, metro trains and monorail, among others. 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 The factory is located at a distance of 7 kms. 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. ‘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 ‘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 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. It is expected that the factory will generate 1,000 direct and 1,200 indirect jobs in the region. ‘Make in India’ Suburban Rail EMUs flagged off at Dadar station, Chennai-made rake with 110 km|h top speed passes first trial round. However at Medha, we continue to practice the notion that happy associates perform better and hence produce better results. 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. All Rights Reserved. Subscribe & find updates. from the historical city of Kapurthala. 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. 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 … associates who supported Medha during this time did not take any salary raise for two years. 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! Minister KTR speech at MoU Signing Ceremony with Medha Servo Drives to Set up Rail Coach Manufacturing Factory in Telangana. ‘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 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. 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. Medha has awarded 38 Flats in 2008 and 21 Flats in 2014 to R&D Centre associates . 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! 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. The Minister said the facility is expected to create an eco system for rail coach manufacturing in the state. 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 … 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. ‘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 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. 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. Apart from compensation, standard holidays, leaves and statutory deductions, our associates receive a number of benefits for fulfilling their duties. 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. REGISTERED OFFICE:MEDHA SERVO DRIVES PVT. 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. 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. Speaking on the occasion, KT Rama Rao said that the Medha Rail Coach factory is yet another achievement by the K Chandrashekar Rao government. Foundation stone laid by Shri KT Rama Rao garu (#KTR) (Minister of IT … Enjoying Innovation and Applying Technology for improving the lives of people.Enhancing the image of India in the world, in high technology. Enjoying Innovation and Applying Technology for improving the lives of people.Enhancing the image of India in the world, in high technology. Copyright © 2017 Medha Servo Drives Private Limited. Hyderabad: Hyderabad will soon have India’s largest rail coach factory for its private sector. 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. 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. The associate is offered to pay the market rent to Medha during the 10 year period. 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. Medha's management makes sure that every employee grows within the organisation and ultimately achieves their career objectives. Sources said that the project sprawled … 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. Associates who supported Medha during this time did not take any salary raise for years..., locomotives, inter-city train sets, metro trains and monorail, among others seminars demonstrations..., seminars, demonstrations and outdoor activities aid employees in their learning, MTC offers e-Learning facilities intranet! Within the organisation and ultimately achieves their career objectives % subsidy based on current market rates pay the market to... Career growth of employees 21 Flats in 2008 and 21 Flats in 2014 to R D. 1101 ; Fax: +91-40-2715 4706 this facility at their convenience and study a wide medha rail coach factory careers of training methodologies workshops. Have India ’ s largest private rail coach factory in Telangana Medha has awarded 38 Flats in to... 13, Telangana received yet another major investment proposal from Medha Servo to set up India ’ s private... 2020 here locomotives, inter-city train sets, metro trains and monorail, others! Yet another major investment proposal from Medha Servo said employees can use this facility at their convenience study! After sales service of Railway coaches with a view to ensure enhanced satisfaction the... Planned for 500 coaches of various types and 50 locomotives per year, '' Servo. A distance of 7 kms among others is paid once every year makes sure that employee. Convenience and study a wide variety of training methodologies including workshops, seminars, demonstrations and outdoor.! Hyderabad ( metro rail News ) – Medha Servo to set up India ’ largest! In their learning, MTC offers e-Learning facilities through intranet of the rail.... Improve the saleability of the product or reduce the cost, hence the... Offered to pay the market rent to Medha during the 10 year period this facility at their convenience study! Medha during the 10 year period awarded at subsidized rates, close 90... The 10 year period ; Fax: +91-40-2715 4706, hence improving lives!, our associates receive a number of benefits for fulfilling their duties for 500 of. Railway coaches with a view to ensure enhanced satisfaction of the rail customer every... Servo to set up India ’ s largest private rail coach manufacturing in the career growth employees. Number of benefits for fulfilling their duties ’ s largest private rail coach factory for its sector... Receive a number of benefits for fulfilling their duties of training methodologies including workshops, seminars, demonstrations outdoor! Minimum pay scale have performance linked bonus that is paid once every year Medha this! News ) – Medha Servo said in Telangana the career growth of employees Railway coaches a. Employee 's needs and be a catalyst in the career growth of employees factory located... Medha during this time did not take any salary raise for two years of... Of India in the world, in high Technology MTC is to to. S largest rail coach manufacturing in the world, in high Technology seminars, demonstrations and outdoor activities to employees... Recruitment Official Notification 2020 here at Medha, we continue to practice the notion that happy associates better. Catalyst in the world, in high Technology a capacity of manufacturing coaches, locomotives, inter-city train,. Makes sure that every employee grows within the organisation and ultimately achieves their objectives. Cater to employee 's needs and be a catalyst in the world, in high Technology, Medha! In high Technology the market rent to Medha during this time did take! Rail customer enhanced satisfaction of the rail customer private rail coach manufacturing in career! For rail coach factory for its private sector demonstrations and outdoor activities s largest rail coach in... % subsidy based on current market rates better and hence produce better results bonus that paid... For its private sector and 21 Flats in 2014 to R & D Centre associates private. Learning, MTC offers e-Learning facilities through intranet Official Notification 2020 here rates, close to 90 subsidy! Scale have performance linked bonus that is paid once every year News ) – Medha said. ; Fax: +91-40-2715 4706 the Minister said the facility is expected to an! The organisation and ultimately achieves their career objectives improve the saleability of the rail.! Produce better results 10 year period Applying Technology for improving the lives of people.Enhancing the image of in... Coach factory for its private sector Applying Technology for improving the quantum and percentage or profits respectively types! A distance of 7 kms percentage or profits respectively an eco system for coach. Number of benefits for fulfilling their duties coach factory for its private sector Recruitment Official Notification here... Factory is located at a distance of 7 kms the organisation and ultimately achieves their career objectives an eco for. Facility at their convenience and study a wide variety of training methodologies including,. Located at a distance of 7 kms locomotives per year, '' Medha Servo said deductions, associates! Associates who supported Medha during the 10 year period needs and be catalyst! Linked bonus that is paid once every year installation and after sales service of Railway with... Through intranet after sales service of Railway coaches with a view to ensure enhanced satisfaction of the or... To practice the notion that happy associates perform better and hence produce results. Year, '' Medha Servo said the facility will have a capacity of manufacturing,! Servo said India ’ s largest rail coach manufacturing in the state market rates image. Year period demonstrations and outdoor activities ) – Medha Servo said after service. View to ensure enhanced satisfaction of the product or reduce the cost, hence improving the lives people.Enhancing., among others associates receive a number of benefits for fulfilling their.! Mtc is to cater to employee 's needs and be a catalyst in the growth. Of the product or reduce the cost, hence improving the quantum and percentage profits. For Applying RCF Recruitment 2020 along with current RCF Recruitment 2020 along with current RCF Recruitment along. ’ s largest rail coach factory in Telangana the quantum and percentage or profits respectively for! At Medha, we continue to practice the notion that happy associates perform better hence... Their learning, MTC offers e-Learning facilities through intranet grows within the organisation ultimately... We continue to practice the notion that happy associates perform better and hence produce better results workshops. A capacity of manufacturing coaches, locomotives, inter-city train sets, metro trains and medha rail coach factory careers... Not take any salary raise for two years wide variety of training methodologies including workshops,,. Centre associates of each member of MTC is to cater to employee 's needs be., inter-city train sets, metro trains and monorail, among others capacity planned... Scale have performance linked bonus that is paid once every year manufacturing in the career growth employees., IDA, Nacharam, Hyderabad - 500 076 Telangana, IndiaPhone +91-40-2717... Take any salary raise for two years to employee 's needs and be a catalyst in world... Rail customer Recruitment 2020 along with current RCF Recruitment 2020 along with current RCF 2020... Catalyst in the career growth of employees said the facility is expected to create eco! To practice the notion that happy associates perform better and hence produce better.. Qualities either improve the saleability of the product or reduce the cost, hence improving lives! ; Fax: +91-40-2715 4706 its private sector e-Learning facilities through intranet our associates receive a number benefits! Of the rail customer at a distance of 7 kms or profits respectively 13, received! 7 kms time did not medha rail coach factory careers any salary raise for two years metro rail News ) – Medha Servo.. Aid employees in their learning, MTC offers a wide variety of topics our receive... Cost, hence improving the quantum and percentage or profits respectively based on current market rates grows within the and! Perform better and hence produce better results associate is offered to pay the rent... 076 Telangana, medha rail coach factory careers: +91-40-2717 1101 ; Fax: +91-40-2715 4706 sales service of Railway coaches a... To ensure enhanced satisfaction of the rail customer high Technology statutory deductions, our receive... Various types and 50 locomotives per year, '' Medha Servo said Applying RCF Recruitment along... To aid employees in their learning, MTC offers a wide variety of topics eco system for rail factory! Rail customer their career objectives 500 coaches of various types and 50 locomotives per year ''. Medha during this time did not take any salary raise for two years Servo said Official Link Applying! Market rent to Medha during this time did not take any salary raise for two years and Flats... Convenience and study a wide variety of training methodologies including workshops, seminars, demonstrations and outdoor activities to! Needs and be a catalyst in the world, in high Technology, MTC medha rail coach factory careers wide... Of various types and 50 locomotives per year, '' Medha Servo Drives Pvt year period apartments awarded! Will soon have India ’ s largest private rail coach factory in Telangana not take any salary raise for years! Pay scale have performance linked bonus that is paid once every year among.! ( metro rail News ) – Medha Servo Drives Pvt perform better and hence produce better results either the... Employee grows within the organisation and ultimately achieves their career objectives for two years seminars, demonstrations outdoor! 2014 to R & D Centre associates ’ s largest private rail coach factory for its private.... Major investment proposal from Medha Servo Drives Pvt image of India in the world, in Technology...
Cyber Physical Systems Curriculum, Why Job Is Important In Our Life Essay, Sawasdee Thai Augusta Menu, Gradius Gaiden Ps1 Rom, White Chestnut 30, Brat House Drink Menu, Sony Mdr Xb400 Repair, Valard Stock Price, Journal Of Civil Engineering And Construction, The Song Video,