Jupiter Tatravagonka Railwheel Factory Secures Rs 2.55 Bn Order
27 Feb 2025
1 Min Read
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鈥攏early 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.
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鈥攏early 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.
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