Company Reports Rs 1909 Crore In Railway Board Orders This Financial Year
Deputy MD Pritish Chaudhary highlights growth in both freight and passenger train sectors.
JAMSHEDPUR – Titan Rail Systems Limited is currently in the process of manufacturing around 1200 brand new coaches for Vande Bharat trains, as shared by Deputy Managing Director Pritish Chaudhary.
"At the CII Manufacturing Conclave East, Chaudhary mentioned that there has been a notable increase in Railway Board work orders, amounting to Rs 1909 crore in this financial year," Chaudhary said.
The company’s main focus is to deliver top-notch freight wagons and passenger coaches throughout India.
Chaudhary highlighted the continuous growth and progress in both the freight and passenger train industries.
"The increase in orders for Vande Bharat trains signifies a fresh era of innovation in railway manufacturing," he observed.
The increase in demand suggests that the railway sector is experiencing a positive change, which is expected to lead to better results.
TItagarh Rail Systems is playing a significant role in the production of Vande Bharat, which showcases its contribution to the modernization of Indian railways.
The significant increase in the number of orders indicates that there has been a positive impact on the ability to manufacture advanced train systems domestically.
This development is in line with India’s efforts to promote self-sufficiency in important infrastructure sectors.
The growth of the company reflects the larger trends in the expansion and improvement of India’s railway network.
