Investment opportunity stems from efforts of making rolling stock safer, faster and more efficient. The thrust on electrification is expected to give a spurt to electric locomotives, bringing down the fuel bill significantly, even as increasing investment in higher horse power locomotives will support longer rakes.
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Titagarh makes Metro coaches
Titagarh Wagons has made its maiden foray into manufacturing metro coaches. Recently, it bagged a contract for rehabilitation of 56 coaches (seven rakes) from the Kolkata Metro Railway.
Indian firm Titagarh to build portable bridges in B’desh
Titagarh Wagons is keen to build portable steel bridges in Bangladesh. The company is IndiaÂ’s leading private railway wagon manufacturing company. It has recently submitted an expression of interest to the Board of Investment (BOI) of Bangladesh in this regard. Sources in BOI said that they received the proposal of Titagarh early last week.