Jupiter Tatravagonka Railwheel Factory Secures Rs 2.55 Bn Order

27 Feb 2025 CW Team

Jupiter Tatravagonka Railwheel Factory a subsidiary of Jupiter Wagons Ltd, has secured a significant supply order worth Rs 2.5 billionfrom Braithwaite & Co. The order, announced on Thursday, 27 February, encompasses 9,140 high-performance wheelsets, each with an 840 mm diameter and a 25-tonne axle load capacity, aimed at bolstering India's freight rail infrastructure.

With this latest contract, Jupiter Wagons' total order book has now reached Rs 5.6 billion, the company disclosed in a filing to the stock exchanges.

In tandem with these achievements, Jupiter Tatravagonka Railwheel Factory is undertaking a substantial expansion of its manufacturing capabilities. The company is investing Rs 25 billion in a new facility in Odisha, which is set to significantly enhance domestic wheelset production. This expansion will elevate the company's annual capacity from the current 20,000 forged wheels and axles to an impressive 1,00,000 wheelsets.

The Odisha plant is progressing as scheduled, with axle production slated to commence by December 2026, followed by full-scale wheel and axle manufacturing by December 2027.

Jupiter Wagons is targeting revenue of Rs 6 billion from its wheel business in FY26—nearly doubling its current contribution. This ambitious growth trajectory will be fuelled by expanded production capacity, a steady influx of orders, and a firm commitment to high-quality domestic manufacturing.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..