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Start-up companies can now bid in railway tenders, says Board Member

Vishwesh Chaube, Member (Engineering), Railway Board, said that start-up companies will also be allowed to participate in railway projects

  • COVID-19 might impact the short-term goals, but Indian Railways is bullish on infrastructure projects and will achieve long-term goals: Railway Board Member

  • Indian railways to promote Make in India and focus on indigenous products in line with the vision for Aatmanirbhar Bharat

New Delhi: Vishwesh Chaube, Member (Engineering), Railway Board, Ministry of Railways, said on Friday that start-up companies will also be allowed to participate in railway projects. Addressing a webinar on ‘Business Continuity Plan for Railway Sector and Path to Recovery Post COVID-19,’ organised by FICCI, Chaube said, “We have allowed start-up companies to tender in the railway contracts with no earnest money being submitted by them and with no eligibility criteria also.” 

Highlighting the impact of COVID-19, Chaube said that soon all zonal offices and railway board will work on e-office concept. “Railway Board is also shifting to e-office concept and by June all zonal offices will shift to e-office concept,” he added. 

‘COVID-19 might impact short-term goals of Railways’

Chaube also emphasized that COVID-19 might impact the short-term goals, but Indian Railways is bullish on infrastructure projects and will achieve long-term goals. Apart from opening up railway tenders to start-ups for participation, Indian railways is already in the process of redeveloping stations, and 62 stations are being taken up on PPP mode, including New Delhi, Mumbai Central stations. “Rs 10,000 crore will be spent in the redevelopment of the stations. Railways is geared up to complete them,” said Chaube.

Railways will promote Make in India

Pradeep Kumar, Member (Signal & Telecom), Railway Board, Ministry of Railways said that Indian railways will promote Make in India and focus on indigenous products. Indian railways is determined to encourage the use of indigenous signalling system following the footstep of Hon’ble PM’s Atmanirbhar Bharat,” added Kumar.

He also stressed upon the need that Indian railways will find new ways to not only improve passenger convenience but also reduce logistic cost. “The main focus of Indian railways will be to reduce the logistic cost to 8 percent from current 13 percent by improving asset utilisations and using multimodal transportation.”

‘Railways has played a pivotal role during the COVID-19 crisis’

Arunendra Kumar, Adviser, FICCI National Committee on Transport Infrastructure and Former Chairman Railway Board and President (Rail and Urban Transportation) of JBM Group, said that Indian railways has not only met but exceeded the country’s expectations. “The interaction is an eye-opener for the industry as it has highlighted many steps taken by Indian railways to promote the vision of Atmanirbhar Bharat,” he said.

Sandeep Selot, Co-Chairman, FICCI National Committee on Transport Infrastructure and Managing Director, GE Diesel Locomotives Pvt Ltd, said that Indian railways has played a pivotal role during these unprecedented times by leveraging its resource mobilisation, capabilities, agility to cater to the completely new requirements.