Jupiter Wagons Builds India’s First Private Railwheel Plant in Odisha

08 Apr 2025 CW Team

Jupiter Wagons Limited, through its subsidiary Jupiter Tatravagonka Railwheel Factory Pvt Ltd (JTRF), has acquired land in Haldiapada, Khordha, Odisha, to establish India's first private-sector railwheel and axle forging facility. This marks a significant step in India’s railway manufacturing landscape and positions Odisha as a new hub for high-tech industrial growth.

The plant, with a planned investment of Rs 25 billion over the next few years, will have an annual capacity to produce 100,000 forged wheel sets. Around 50% of the production will be exported, mainly to Slovakian partner Tatravagonka A.S. and other European firms.

Set to become operational by 2027, the project falls under the Invest Odisha programme and supports the government’s ‘Make in India’ and ‘Atmanirbhar Bharat’ vision. The facility aims to reduce India’s dependence on imports, enhance railway infrastructure, and generate thousands of direct and indirect jobs.

JTRF has secured land through IDCO and obtained necessary clearances from the Ministry of Environment, Forest, and Climate Change. The plant will provide high-tech railway components for high-speed and heavy-duty applications, further boosting India's role in global railway trade.

(indiainfoline)

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..