Railway Minister Piyush Goyal on Wednesday said a coach factory will be set up in Maharashtra's Latur district. Maharashtra Chief Minister Devendra Fadnavis thanked the Union minister on Twitter and said the factory will bring employment opportunities and economic development to the Marathwada region.

"Thank you Hon Piyush Goyalji for your commitment for setting up of factory of EMU for Suburban Railways and metro coaches at Latur. Big boost to economic activities in Marathwada and huge employment opportunities," the CM tweeted.

Goyal held a high-level meeting in Mumbai to discuss the setting up of the factory, a Railways statement read. The plant would manufacture EMUs for suburban trains and coaches for metros. Work on the project will be taken up on a high priority, it said. The Maharashtra government has offered relaxation in land, taxes and other requirements. The factory will create an industrial ecosystem in the drought-prone region and boost the shift from agriculture to industry, it read.