Jindal Stainless supplies stainless steel for Vande Bharat sleeper train

Jindal Stainless, India's leading stainless steel manufacturer, has supplied stainless steel for the Vande Bharat sleeper coaches, the prototype of which was unveiled by the Minister of Railways, Shri Ashwini Vaishnaw, in Bengaluru recently. Jindal Stainless has supplied high-strength tempered 301LN grade austenitic stainless steel for this prestigious government project. The coaches are manufactured by Integral Coach Factory (ICF) and Bharat Earth Movers Limited (BEML). The Vande Bharat sleeper train is designed for overnight journeys covering 800 km to 1,200 km.

Apart from providing better performance and durability, the tempered 301LN austenitic stainless steel used to manufacture these coaches ensures lower life-cycle costs due to its corrosion resistance characteristics, resulting in long-term reliability. It also enhances passenger safety with its superior crash and fire resistance properties, maintaining the safety standards in railway transport.

Commenting on this development, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, said "The Vande Bharat sleeper train is set to mark a new era of innovation in Indian Railways, and we are proud to play a pivotal role in this transformative project that will revolutionise long-distance travel in India. The use of tempered 301LN austenitic stainless steel will lead to reduction in the weight of each coach by approximately 2 tonnes. This weight reduction will lead to improved energy efficiency and a lower carbon footprint, aligning with the sustainability goals of modern rail transport. The enhanced safety and aesthetic appeal of this new train symbolises innovation and engineering excellence of the Indian Railways."

With the capability to achieve speeds of up to 160 km/h, these coaches will offer an unparalleled combination of mobility, comfort, and contemporary amenities. The first batch of coaches is scheduled for dispatch from BEML's Bengaluru plant on September 20, 2024, with an official launch anticipated by December 2024.

Jindal Stainless is one of the leading global companies capable of manufacturing and supplying the highly-coveted 2J, No. 4, and DLT-DF special-finish stainless steel, required for metro and railway coach production. The company has supplied stainless steel for some of the most prestigious Indian railway projects, including Vande Metro, Kolkata's underwater metro, the first trainset of India's first Regional Rapid Transit System (RRTS), and Mumbai metro, among others. The company has been supplying stainless steel to the Indian Railways since 1998 for wagons, coaches, infrastructure, etc.

Shares of Jindal Stainless Limited was last trading in BSE at Rs. 727.40 as compared to the previous close of Rs. 726.25. The total number of shares traded during the day was 55527 in over 1950 trades.

The stock hit an intraday high of Rs. 733.30 and intraday low of 710.80. The net turnover during the day was Rs. 40084398.00.

Source : Equity Bulls

Keywords

JindalStainless INE220G01021 JSL StainlessSteel Supply VandeBharat SleeperTrain