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Titagarh Wagon plans to enter shipbuilding

Press Trust of India  |  Kolkata 

Titagarh Wagon (TWL) today said that it planned to enter shipbuilding business and was scouting for land near Kulpi.

TWL Chairman JP Chowdhary said: "We will require around 400 acres and may scout for technical partner for the project."

On the implementation of the TWL's joint venture project with US-based FreightCar America he said it would get delayed.

Chowdhary said the project had been delayed as orders had not been placed by the Railways for the light alumunium freight cars.

Speaking about the proposed tie-up with Japanese for infrastructure foray, he said they were in an advanced stage of talks.

First Published: Wed, July 27 2011. 19:08 IST