Hilton Metal Unveils India-Made Forged Railway Wheelsets

13 Jun 2025 CW Team

Hilton Metal Forging Ltd has successfully developed and manufactured forged railway wagon wheelsets, which have been duly inspected and approved by RITES, the Indian government’s inspection authority. Each wheelset consists of two forged wheels and one forged axle, with every coach or wagon requiring four such sets.

This achievement marks a significant milestone in Hilton's efforts to cater to the growing domestic demand for railway wheelsets, addressing the shortfall in India and reducing dependency on Chinese imports. The development aligns with the Indian government’s “Make in India” initiative.

For FY26, Hilton plans to manufacture over 3,000 forged railway wagon wheelsets, scaling up to more than 12,000 units in FY27. The company has outlined a total installed capacity of 20,000 wheelsets per annum, positioning itself as a key player in the railway component supply chain.

The Government of India aims to increase freight transport by rail from 27 per cent to 45 per cent by 2030. With 98 per cent of the railway network now electrified and the implementation of Mission Raftaar underway, the Indian Railways is prioritising higher speeds and reduced travel times for both freight and passenger trains.

In FY25, India produced 41,929 freight wagons, up from 37,650 in FY24, along with 1,681 locomotives (up 19 per cent from 1,472 in FY24) and 7,134 passenger coaches compared to 6,541 in FY24.

Each year, approximately 90,000 freight wagons, passenger coaches, and locomotives undergo periodic maintenance at 44 workshops across the country. Annual demand currently stands at around 170,000 new railway wagon wheelsets and 250,000 new wheels. As domestic manufacturing continues to grow, the need for high-quality, locally produced wheelsets is expected to rise steadily. Hilton’s latest initiative positions it to serve this increasing demand efficiently.

Real Estate

02 Jun 2026

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..