South Central Railway in association with Integral Coach Factory (ICF) organized a Meet for indigenization and vendor development in which around 250 manufacturing and start-up firms participated. The meet was held today i.e., 21st May, 2019 at Rail Nilayam Auditorium, Secunderabad.
Shri Gajanan Mallya, General Manager, SCR was the Chief Guest at the meet and emphasized upon the need for a strong vendor base and good supply chain management system for the consistency in growth and progress of Indian Railways. He stated that this initiative of holding vendor meet on Pan India basis with an objective to develop new vendors and enhancing product range of existing vendors has been taken up by Indian Railways. During the last 10 years, there has been more than 100% increase in purchases made by Indian Railways and also increase in the network which has resulted in almost three-fold increase in procurement of Rolling Stock, he added. There is an annual procurement of material worth more than Rs.50,000 crs which includes approximately 1,13,000 items, stocked by Indian Railways. These items are procured through on-line using Indian Railways e-Procurement System (IREPS) and GeM Portal (Government e-Market Place). Payments are also being made through iPAS on-line payment system.
Shri V. R. Mishra, Principal Chief Materials Manager, SCR welcomed the gathering and said that the main objective of organizing the meet is to develop more indigenous sources, help its participants understand the supply chain of the Railway, to disseminate the relevant information, E-procurement, vendor approval process and rules and issues pertaining to vendor development. More than 100 items were displayed in stalls put up. The purchase process in railways is now totally online and transparent, he added. The process of purchase through GeM, inspection procedure of materials, vendor registration, benefits to MSME etc were discussed in the meet.
Shri John Thomas, Additional General Manager, SCR; Shri Manoj Kumar Gupta, Executive Director (Railway Stores) Railway Board also participated and spoke on the occasion.