During the forecast period, 2022 to 2026, the Indian railway components market is anticipated to expand at a remarkable rate and reach USD 95 billion. This is mostly due to the substantial investment made by the nation's government and prominent corporations. In addition, the need for railway equipment has increased due to the rising number of transported goods and the growing distance travelled by logistics vehicles, which is propelling market expansion. Incorporated in 2016, Shree Rai Mata Engineering quickly made a name for itself as a reputable institution.
The main reason for Shree Rai Mata's success and prosperous future is the Indian government's mission Raftaar, which places a high priority on the development and extension of railway tracks in various parts of India that are suitable for high-speed trains. “We obtained RDSO registrations in March 2022, and right now, we already have registrations in six items and taken part in more than 2000 to 2500 crores worth of tenders", speaks S. S. Singhania, Managing Director, Shree Rai Mata Engineering.
Apart from the Railway recognition the firm also acquired Registration from the Ministry of Defence toward the
manufacture of steel portable bailey bridges and other emergency items for Indian Defence and Indian Army as well as other State and Central Government agencies. In addition, the company will export bailey bridges to Bhutan and Nepal. This has significantly increased the scope of its business by obtaining two major certifications from the two most prestigious organizations in the Country. The organization’s expertise, experience, and competitive advantage lie in the complete conception to manufacture these items.
The organization has an experienced technical team of engineers who are highly driven and proficient at managing challenging tasks. “We have a special team for quality assurance and delivery timetables are taken into consideration during strategic planning. Everything needs to be planned out from the beginning, and the procurement stage is essential. We, therefore, place a lot of attention on the purchasing component, make the necessary preparations for everything from procurement to delivery schedules, and send everything out for inspection", shares S. S. Singhania. Since there is a lot of competition among the vendors, the company tries to match the inventory, work in line with railroad regulations, and meet clients' expectations by maintaining service quality and prompt delivery. The company is currently working on a brand-new kind of project and has an endless supply of specialized equipment for cutting rails precisely.
We Have A Special Team For Quality Assurance And Delivery Timetables Are Taken Into Consideration During Strategic Planning
The Indian Railways are currently exporting track components to its neighbours, hence, the company aims to expand its business in Bangladesh, Malaysia, Sri Lanka and Thailand. To support this ambitious plan, the company is preparing to introduce a new set of critical thick web switches, which are principally required for the high-speed track for which it has bought the CNC machine. “We are developing new machines while also using incredibly sophisticated ones. Additionally, we already have internal labs equipped with all the required tools, and we eagerly anticipate expanding our infrastructure", signs off S. S. Singhania. These are Shree Rai Mata’s main expansion plans, and the company has decided to proceed with these expansion strategies in consideration of customer demand, market conditions, and industry standards.
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