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Rahee Group is planning to invest up to INR 600 crore over the next three years to expand manufacturing capacity and strengthen its infrastructure capabilities. The investment includes a INR 200 crore foundry in Odisha through its subsidiary Rahee Track Technologies Ltd, alongside annual capex of INR 60–70 crore by Rahee Infratech Ltd. An additional INR 100 crore will be deployed in Pandrol Rahee Technologies to enhance product lines. The group is also exploring export opportunities and may consider an IPO over the next few years, while targeting standalone revenues of INR 2,000 crore amid rising demand from rail and metro infrastructure expansion.
Rahee Group is preparing to scale up its operations with a planned investment of up to INR 600 crore over the next three years, aimed at strengthening its manufacturing base and expanding its presence across railway and infrastructure segments. Advertisement
A key component of this strategy is the establishment of a new foundry in Odisha by its wholly-owned subsidiary, Rahee Track Technologies Ltd. The facility, being developed with an investment of around INR 200 crore, will focus on the production of cast manganese and steel castings, critical inputs for railway track systems and related infrastructure.
Alongside this, Rahee Infratech Ltd, the group’s flagship entity, will undertake a steady capital expenditure programme of approximately INR 60–70 crore annually over the next three years. This investment is intended to enhance core capabilities in track laying, bridges, viaducts, and ballastless track systems, particularly in complex and high-demand environments.
Further strengthening its product portfolio, the group plans to invest about INR 100 crore in Pandrol Rahee Technologies, where it holds a 40 per cent stake. The investment will support the development of a dedicated manufacturing line for advanced fastening systems, plastic components, and premium railway products under the Pandrol brand, aligning with global standards.
The expansion is being driven by increasing demand from large-scale infrastructure programmes. Indian Railways is currently undergoing a significant modernisation phase, while metro rail networks continue to expand across multiple cities. These developments are expected to create sustained demand for advanced track technologies and specialised engineering solutions.
In parallel, the group is also focusing on sustainability-led innovation. It is developing components using recycled rubber sourced from end-of-life tyres, aimed at reducing noise and vibration in metro rail systems while lowering dependence on virgin materials. This aligns with broader industry trends towards environmentally responsible construction practices.
The company is also exploring export opportunities through Pandrol Rahee Technologies, targeting developed markets such as the US, UK, and Japan, as well as emerging economies. The approach combines cost competitiveness with access to global technology, positioning the group to participate in international rail infrastructure projects.
Looking ahead, Rahee Infratech Ltd may consider launching an initial public offering over the next two to three years, subject to market conditions. The company is targeting standalone revenues of around INR 2,000 crore, building on its current scale as part of a group with a combined turnover of approximately INR 1,800 crore.
Founded in 1948, the Rahee Group has transitioned from a track component manufacturer into a diversified railway EPC and civil infrastructure player, with capabilities spanning design, engineering, and execution across complex projects.
Source - PTI
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