Business
Indian Railways (Pic Via Wikipedia)
The Ministry of Railways on Friday (1 April) said that the Banaras Locomotive Works (BLW) has clocked record output during the financial year 2021-22.
The BLW manufactured the highest ever 367 locomotives during FY22, including four locomotives exported to Mozambique.
"Banaras Locomotive Works created history by setting a new record by manufacturing the highest number of locomotives till date during the financial year 2021-22," the Ministry of Railways said in a release.
"Along with this, BLW received 60.68 crore from exported locos in the financial year 2021-22 and a total of 704 crore since 2011 and 1,837 crore from non-railway customers since 2011 till date," the ministry added.
In the year 2021-22, BLW generated revenue of 6.09 crores from exported locomotive parts as against 1.08 crores in the previous year 2020-21, which is an increase of 464 percent over the previous year, it said.
Similarly, the revenue received from non-railway customers from the supply of locomotive parts was 16.4 crore as compared to 8.29 crores in the previous year 2020-21, which was 98.6 percent higher in comparison, the ministry said.