Titagarh Rail Systems Secures ₹312 Cr Wagon Deal 🚂

Let’s dive into some fresh corporate news that’s making tracks in the rail industry! Titagarh Rail Systems Limited (formerly Titagarh Wagons Limited), a key player in India’s railway ecosystem, has just announced a significant new order.

The company has secured a Letter of Advance Acceptance (LOA) from none other than the Ministry of Railways. This isn’t just any order; it’s for the manufacture and supply of 780 BVCM-C Wagons! вагоны

This substantial domestic contract is valued at approximately INR 312.69 Crores, a fantastic addition to Titagarh’s order book. The best part? The execution of this order is set to be completed efficiently within nine months from the contract’s placement. 🚀

This deal underscores Titagarh’s strong relationship with Indian Railways and its crucial role in bolstering the nation’s rail infrastructure. It’s a clear sign of continued demand for quality rolling stock as India’s rail network continues its rapid expansion. For investors and industry watchers, this order highlights Titagarh Rail Systems’ operational strength and its position as a preferred partner for large-scale railway projects. Keep an eye on this space! 🛤️

source: Corporate Announcement

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