COFMOW achieves best ever performance with an output of Rs. 1050.85 crore for the current FY 2018-19

NEW DELHI: The Central Organisation for Modernisation of Workshops (COFMOW) is Indian Railways’ centre of excellence for procurement of modern and advanced machine tools, building ‘State of the Art’ rolling stock maintenance and manufacturing facilities for modernizing Indian Railway workshops. The Unit has achieved best ever performance of Rs. 1050.85 crores output during the year 2018-19, up to 15th January, 2019. Performance for machinery procurement and rolling stock works is Rs. 634.14 crores and Rs. 416.71 crores respectively, which represents an increase of 97% and 128% respectively as compared to the last year.

Timely procurement of modern M&P and completion of works has been given a big boost during the last quarter which will significantly improve the outcome by use of technology. This will support Indian Railways drive for modernization of its rolling stock manufacturing and maintenance infrastructure, and soon, to come in terms of the National Policy for Advance Manufacturing (NPAM) and Industry 4.0.