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Texmaco Rail secures Rs 1,405 million wagon order from Indian Railways

With this addition, Texmaco Rail & Engineering Ltd’s total order book now stands at Rs 71.15 billion, marking strong growth and sustained industry confidence.Read more

Shyam Metalics forays into wagon manufacturing with new Kharagpur plant

In phase 1, the new Kharagpur manufacturing facility will have a production capacity of 2,400 wagons per annum, while phase II will double the output to 4,800 wagons annually.Read more

Titagarh Rail Systems secures order from Adani Cement for 16 rakes of wagons

The BCFCM and BVCM wagons are designed to optimise the passage of fly ash and cement, ensuring faster and more cost-effective movement of these essential materials. Read more

BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

Jupiter Wagons shares surge 7% on acquisition of Log9's battery tech assets

The deal includes Log9’s engineering and production teams, as well as its manufacturing facility in Devanahalli, Bangalore.Read more

Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex

With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more

Jupiter Wagons to invest Rs 25 billion for capacity expansion

The new plant will serve both domestic and international markets, with about 50% of its capacity dedicated to exports, primarily to its partner Tatravagonka A.S., a Slovakian rail infrastructure company, and other European clients.Read more

PLI railway push for local manufacturing of components for Vande Bharat & LHB

The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more

Railways to revise Rs 310 billion wagon procurement plan after MI contract fail

The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more

Titagarh Rail Systems to develop driverless metro trains

A critical supplier to Indian Railways, it currently produces 1,000 wagons a month.Read more

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