TIWN

New Delhi, Sep 24 (TIWN) Almost a month after cancelling the tender for manufacturing 44 Vande Bharat train sets, the Indian Railways on Monday said that it has invited fresh tenders for manufacturing the semi-high speed train sets focusing on the domestic manufacturers and promoting the government's ambitious Make in India project.
“The revised tender is in line with Government of India’s preference for Make In India policy, the minimum local content percentage has been revised to 75%. It is the first big tender under revised DPIIT norms of Atma Nirbhar Bharat having at least 75 % domestic components. This tender is now a domestic tender. It shall be local (indigenous) tender in which a two stage reverse auction shall take place,” the ministry spokesperson said.
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