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

26 May 2022 CW Team

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

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..