Jupiter Tatravagonka Railwheel Factory wins order worth Rs 113 cr

Image
Last Updated : Sep 11 2025 | 5:04 PM IST

From Ministry of Railways

Jupiter Wagons (JWL) announced that its material unlisted subsidiary, Jupiter Tatravagonka Railwheel Factory (JTRFPL), has received a Letter of Acceptance (LOA) dated 9th September 2025 from the Ministry of Railways, Railway Board for the supply of 9,000 LHB Axles for FIAT-IR Bogies, valued at approximately Rs 113 crore.

This significant order underscores Jupiter Group's growing role in strengthening India's passenger rail ecosystem and aligns with the Government of India's vision to modernize and expand safe, efficient, and future-ready rail transport across the country. The supply of advanced, precision-engineered axles will be integral to enhancing the performance, safety, and durability of Indian Railways' high-speed LHB coach fleet.

The order further strengthens JWL's presence in the rail components segment especially for passenger rolling stock. Aurangabad facility is already delivering 10,000 wheelsets per year. As a part of its long-term capacity-building strategy, the company is setting up a world-class forged axle and wheel manufacturing facility in Odisha with the investment of Rs 2,500 crore to produce 100,000 forged wheelsets annually by 2027 for both domestic use and international markets, including the EU. This will play a pivotal role in reducing import dependency while strengthening India's domestic manufacturing base in line with the Make in India vision.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 11 2025 | 4:47 PM IST

Next Story