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New Delhi : A high level meeting was held between Union Minister for Railways and Coal, Piyush Goyal, and Chief Minister of Maharashtra, Devendra Fadnavis, in Mumbai on January 31, 2018, to discuss the setting up of a massive rail coach factory in Latur, Maharashtra, by Indian Railways. This plant would manufacture Electric Multiple Units for suburban trains and coaches for metros.
Work on this project will be done on high priority with fast track processing of all approvals. Maharashtra Government has offered several concessions including in land, taxes and etc. Marathwada, the region where Latur lies, is amongst the most backward areas of Maharashtra, according to a PIB release. There have been few central government projects in this region. This will bring employment to a large number of people.
In addition, it will create an industrial ecosystem in the drought prone region boosting shift from agriculture to industry. It may be noted that the region suffers from heavy migration to other parts of the country.
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