Categories: Agreements

Godrej & Boyce, Renmakch sign MoU to develop a ‘Make-in-India’ value chain for Indian Railways

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Tooling has partnered with Renmakch, to collaborate on Machinery & Plant (M&P) projects for Railways and Metro Rail, offering world-class equipment that is ‘Made in India’.

More About The Agreement Godrej & Boyce, Renmakch:

Godrej & Boyce partners with Renmakch to develop a 'Make-in-India' value chain for Indian Railways – Indian Business ReviewGodrej & Boyce partners with Renmakch to develop a 'Make-in-India' value chain for Indian Railways – Indian Business Review

With this alliance, Godrej & Boyce will now be able to offer a complete value chain ranging from design to build for the Railways and also bid on larger projects. The Company has been a trusted partner of the Indian Railways for over 15 years.

Significance of The MoU Between Godrej & Boyce, Renmakch:

Godrej Tooling has signed a Memorandum of Understanding (MoU) with Renmakch for developing workshop equipment. The collaboration will introduce the latest technology for the Rail industry from Europe and other developed countries and indigenize it for India.
With the Indian Railways announcing their plans to invest in new generation trains such as Vande Bharat and subsequently new workshops and depots, Godrej & Boyce aims to harness this opportunity by offering a turnkey solution to the Indian Railways.
This will not just fuel India’s self-reliance but also improve the speed, quality, and safety of railway and metro coaches during maintenance. The Company expects to acquire a 20-30% market share in this sector over the next 5 years.

Make in India and: Godrej and Renmakch:

Godrej Tooling and Renmakch will have a ten-year-strong partnership. The association will contribute to the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives by developing depot equipment, which is an import substitute. Godrej Tooling supplies jigs & fixtures, automation solutions, and workshop equipment for Railway workshops & Metro depots.
Piyush Shukla

Recent Posts

Weekly Current Affairs One Liners 21st to 27th July, 2025

Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…

11 hours ago

Top-10 Countries that Drink Most Coffee in the World Per Capita

Coffee is one of the most loved drinks in the world. People enjoy it in…

1 day ago

Which is the Largest Mangrove Forest in the World?

India is a land of rich natural beauty, with many different types of forests. Among…

1 day ago

Do You Know What is the Old Name of Patna?

Patna is a well-known city in India with a long and rich history. It is…

1 day ago

Madhya Pradesh Unveils Monthly Assistance for Unemployed Youth: A Step Towards Inclusive Welfare

The Madhya Pradesh government has launched a new initiative offering monthly stipends to unemployed youth—₹6,000…

1 day ago

PM Modi’s ‘Ek Ped Maa Ke Naam’ Gift to King Charles III – Strengthening Green Diplomacy

During his UK visit in July 2025, Prime Minister Narendra Modi presented a tree sapling…

1 day ago