These modern powerful state of the art locos will be useful for heavy haul freight operations and mega freight operations in the dedicated freight corridor and for pan India operation.  These factories would lead to substantial development of ancillary manufacturing units, generation of direct and indirect employment and substantial development in the region.

These two factories are joint ventures (JV) of the Ministry of Railways.  The fair, transparent and competitive bidding process adopted in selecting the JV partner received wide-spread appreciation from all stakeholders.  These projects will usher in new technologies into the Indian industry at large through high paced indigenization.

Speaking on the occasion, Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Arun Jaitley said "that today is really a win win occasion for all the stakeholders. I think this is one step which has been taken by Indian Railways which is literally going to benefit everyone."

Speaking on the occasion, Minister of Railways Suresh Prabhakar Prabhu said that it is really a big feet that these two projects have now been finalized in the most transparent manner.

Prabhu pointed out that this could happen because the process of decision making has been fast track now in Railway Ministry through delegation and decentralization of power initiated by him not only to Members of Railway Board but also to the levels of General Managers and also Divisional Railway Managers.
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