Titagarh Wagons confirms single-largest order for 24,177 wagons
RAILWAYS & METRO RAIL

Titagarh Wagons confirms single-largest order for 24,177 wagons

Titagarh Wagons has received a letter of acceptance (LoA) for manufacturing and supplying 24,177 wagons from Indian Railways worth Rs 7,838 crore plus taxes.

The company said that the order is required to be executed over thirty-nine months. This is the single-largest order since 1997.

Vice-Chairman and Managing Director Umesh Chowdhary said the government had announced to look at doubling freight loading in the next few years, which might lead to the procurement of a much larger number of wagons.

He said that the company is expecting to receive an order for a large quantity, and this order for 24,177 wagons reaffirms the leadership position in this business segment and boosts its financial performance. It would also enable the company to become the most dependable rolling stock products manufacturer.

He added that the company is also trying to develop an export market for freight wagons and transit train businesses. International certification and application for accreditation of services are completed for accepting its products globally.

Chowdhary said that the company had recently opened an office in America and has a significant presence in Europe through our Italian subsidiary involved in transit train manufacturing.

The company will be synergising its Indian and Italian operations to cover the global market for freight wagons and transit businesses.

The company reported a consolidated net loss of Rs 18.79 crore for FY21, while its revenue from operations was Rs 1,520.64 crore.

Image Source

Also read: Titagarh Wagons rolls out first train for Pune metro rail project

Titagarh Wagons has received a letter of acceptance (LoA) for manufacturing and supplying 24,177 wagons from Indian Railways worth Rs 7,838 crore plus taxes. The company said that the order is required to be executed over thirty-nine months. This is the single-largest order since 1997. Vice-Chairman and Managing Director Umesh Chowdhary said the government had announced to look at doubling freight loading in the next few years, which might lead to the procurement of a much larger number of wagons. He said that the company is expecting to receive an order for a large quantity, and this order for 24,177 wagons reaffirms the leadership position in this business segment and boosts its financial performance. It would also enable the company to become the most dependable rolling stock products manufacturer. He added that the company is also trying to develop an export market for freight wagons and transit train businesses. International certification and application for accreditation of services are completed for accepting its products globally. Chowdhary said that the company had recently opened an office in America and has a significant presence in Europe through our Italian subsidiary involved in transit train manufacturing. The company will be synergising its Indian and Italian operations to cover the global market for freight wagons and transit businesses. The company reported a consolidated net loss of Rs 18.79 crore for FY21, while its revenue from operations was Rs 1,520.64 crore. Image Source Also read: Titagarh Wagons rolls out first train for Pune metro rail project

Next Story
Infrastructure Urban

Allcargo Gati Strengthens Doddaballapura’s Industrial Growth

Doddaballapura, once renowned for its silk sarees, has evolved into a major industrial hub, housing an Apparel Park and diverse manufacturing units producing textiles, paints, and machinery. The region’s strategic location and robust infrastructure have attracted national and international companies, boosting Karnataka’s economy.For the past four years, Allcargo Gati has been a key logistics partner, ensuring efficient distribution of goods across India. With a structured supply chain strategy—65 per ent to the north, 15-20 per cent west, 10-15 per cent east, and 5 per cent south—the c..

Next Story
Infrastructure Transport

Kolkata Metro to Suspend Green Line Services on March 8-9

The Kolkata Metro Railway has announced a complete traffic block on the East West Metro Corridor (Green Line) on March 8 and 9 for testing the Communication-Based Train Control (CBTC) system. Services will also be partially disrupted on the evening of March 7 and the morning of March 10. The Green Line, India’s first underwater metro tunnel and home to the country’s deepest metro shaft, runs from Howrah Maidan to Salt Lake Sector V. This line’s first phase was inaugurated in 2020 by then Railway Minister Piyush Goyal. Additionally, the Kolkata Metro recently introduced a paper ..

Next Story
Infrastructure Urban

India and Nepal Sign MoU to Strengthen WASH Sector Cooperation

India and Nepal signed a Memorandum of Understanding (MoU) on March 3, 2025, to enhance cooperation in the Water, Sanitation, and Hygiene (WASH) sector, including waste management. The signing ceremony took place at Sushma Swaraj Bhawan in New Delhi, attended by India’s Union Minister of Jal Shakti, CR Patil, and Nepal’s Minister of Water Supply, Pradeep Yadav. The agreement aims to foster collaboration between the two countries to improve access to clean drinking water and sanitation. It outlines key areas of cooperation such as capacity-building programs for Nepali personnel, techno..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?