English 
Hon’ble CM Sri K. Chandrashekar Rao today inaugurated the Railway Bogies and Coaches manufacturing facility of Medha Servo Drive Pvt. Ltd. at Kondakal in Rangareddy District. Later, the CM addressed the gathering.
Ministers Sri KTR, Sri Harish Rao, Smt. Sabitha Indra Reddy, Sri Malla Reddy, Sri Vemula Prashanth Reddy, Sri Talasani Yadav, CS Smt. Santhi Kumari and others were present.
CM speech at the Medha Coach – Highlights:
• Congratulations to Medha Groups MD Kashyap Reddy, Executive Director Srinivas Reddy and the staff of Medha Groups.
• Really proud of you. Telangana entrepreneurs took up such a wonderful project of manufacturing rail coaches in the country and the world today. I am happy that the company completed phase 1 with an investment of 2,500 crores and started manufacturing today. This factory needs to progress further
• Pharma industries, Poultry industry, and Genome Valley in Hyderabad are growing fast and supplying one-third of vaccination to the world.
• The Telangana government introduced the TSiPASS policy which is unique and nowhere else in the world. The new industrial policy was prepared after about seventy and eighty countries.
• The TSiPASS is a single window for business establishment. Telangana is attracting investments worth lakhs of crores of rupees.
• If the permissions are not given within 15 days then the application is deemed to be approved. We have made a policy to levy a fine of 1000 rupees per day for which the file is stopped by any officer. Industrial progress is registered due to such measures. Information technology is also growing.
Malaysian companies and companies from four or five other countries are also establishing ancillary units.
• It is a great thing that the company is also ready to supply coaches for the Mumbai Mono Rail project.
• The government will always be ready to provide all necessary assistance, cooperation and support to the growth of this industry.
• I Want this industry to expand further and bring a good name to the state and the country.
