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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鈥檚 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鈥檚 鈥楳ake in India鈥� and 鈥楢tmanirbhar Bharat鈥� vision. The facility aims to reduce India鈥檚 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)