Titagarh Wagons starts building two vessels each for Indian Navy, NIOT

These four ships are first tenders won by the firm post its foray into ship building business

Titagarh Wagons, a flagship company of the Titagarh group, which has morphed itself from a wagon manufacturer for Indian Railways to a multinational engineering and fabrication group, gave a major boost to the Centre's Make In India campaign on Tuesday.

The company has successfully started the construction of two 1,000T Fuel Barges for the Indian Navy and two coastal Research Vessels for National Institute of Ocean Technology (NIOT). In February, the company reported at BSE and the National Stock Exchange (NSE) that it has signed the contract from NIOT, under the Ministry of Earth Sciences (MES), for design, construction and