Deals21 Aug 2025, 12:12 pm
Jupiter Wagons Secures INR 215 Crore Order for Vande Bharat Wheelsets
AI Summary
Jupiter Wagons Limited (JWL) has announced that its subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited (JT[RFPL), has received a Letter of Intent (LOI) for the supply of 5,376 wheelsets (2688 Motor wheelsets and 2688 Trailer wheelsets) for the Vande Bharat train project, valued at approximately INR 215 crores. This order strengthens JWL’s presence in the rail components of passenger freight and high-speed rail space and aligns with the Government of India’s continued thrust on expanding the Vande Bharat network across the country. The supply of advanced, high-precision wheelsets will ensure the safety, efficiency, and durability of India’s flagship semi-high-speed trains.
Key Highlights
- Jupiter Tatravagonka Railwheel Factory Private Limited has received an LOI for the supply of 5,376 wheelsets for the Vande Bharat train project.
- The order is valued at approximately INR 215 crores.
- This order strengthens JWL’s presence in the rail components of passenger freight and high-speed rail space.
- The new production facility in Odisha will increase capacity from the current 20,000 forged wheels and axles annually to 1,00,000 forged wheelsets per year.
- The expansion is expected to be completed by 2027, significantly reducing reliance on imports and bolstering India’s domestic manufacturing base.