Titagarh Wagons

Titagarh Wagons is a railway wagon manufacturer based out of Titagarh, West Bengal, India. The company manufactures coaches for the Indian Railways, bailey bridges, and mining equipment. A subsidiary, Titagarh Marines, operates in the shipbuilding industry.[1][2]

Titagarh Wagons
TypePublic
BSE: 532966
NSE: TWL
IndustryRailways
Shipbuilding
Mining
Founded1998
Headquarters
Kolkata, West Bengal
,
India
Key people
Umesh Chowdhary
ProductsFreight wagons
Locomotives
Rolling stock
Mining equipment
Navalships
SubsidiariesTitagarh Firema
Cimmco Limited
Titagarh Marines
Websitetitagarh.in

In 2015, Titagarh acquired a 90% stake in Italian rail equipment firm Firema Trasporti, renaming the firm to Titagarh Firema SPA.[3] By 2018, Titagarh held 100% stake of Firema Trasporti. Titagarh Firema will design metro rail coaches and manufacture them at its factories at Caserta, Spello and Tito.[4] The company acquired Kolkata-based Corporated Shipyard in 2012, merging it with its subsidiary Titagarh Marines to manufacture ships for the Indian Navy, and won its first defence contract in 2017.[5][6]

In 2019, Titagarh Firema was awarded the contract to supply 102 aluminium bodied metro rail coaches for the Pune Metro by Mahametro.[7] While 25 per cent of them would be manufactured at the Firema plant in Italy, the remaining would be manufactured at Mahametro's facility in Nagpur.[8] In March 2020, it was reported that Titagarh had suspended plan operations in Italy due to the COVID-19 pandemic.[9]

Products and services

Railway freight
  • Rolling stock
  • Components
    • Bogies
    • Couplers
    • Locomotive shells
    • Gears

Railway transit
  • Rolling stock
    • Electric locomotives
    • EMU trainsets
    • DEMU trainsets
    • Metros
    • Light rail transports
    • Body shells
    • Bogies
    • Propulsion & electrical equipment

Shipbuilding
  • Coastal research vessels
  • Naval vessels
  • Passenger ships
  • Tugs
  • Inland vessels

Other engineering services
  • Bailey bridges
  • Defence

Subsidiaries
  • Cimmco Limited (India)[10]
  • Titagarh Wagons AFR (France)[10]
  • Titagarh Firema SpA (Italy)[10]
  • Titagarh Sambre et Meuse (France)[10]

See also

References
  1. "Titagarh Wagons Limited". Business Standard. Retrieved 19 November 2018.
  2. "Wagon maker Titagarh forays into shipyard business". DNA India. Retrieved 19 November 2018.
  3. Francesco Prisco (3 July 2015). "Firema alla cordata Titagarh-Adler: accordo con i sindacati". Il sole 24ore (in Italian). Retrieved 20 November 2018.
  4. "European ops will take 12-18 months to turn profitable: Umesh Chowdhary, Titagarh Wagons". Economic Times. 24 August 2018. Retrieved 19 November 2018.
  5. Bose, Pritam Ranjan (2 April 2018). "From metro coaches to warships, Titagarh hits the fast track". The Hindu Business Line. Mumbai. Retrieved 19 November 2018.
  6. Ghaswalla, Amrita Nair (15 June 2017). "Titagarh Wagons switches track to build ships". The Hindu Business Line. Kolkata. Retrieved 19 November 2018.
  7. Dixit, Sameer; Srivastava, Ritesh K (15 August 2019). "Indian multinational Titagarh Firema wins bid for supply of 102 Aluminium bodied metro rail coaches". Zee News. Retrieved 15 August 2019.
  8. "Titagarh Firema will provide 102 coaches to Pune Metro; 75% to be manufactured in India". Hindustan Times. 17 August 2019. Retrieved 21 March 2020.
  9. "Covid-19 derails Pune Metro coach prototype making in Italy". Business Standard India. Press Trust of India. 17 March 2020. Retrieved 21 March 2020.
  10. "Subsidiary list". Retrieved 25 February 2019.
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