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India: Titagarh Rail Systems (TRSL) Vice Chairman and Managing Director Umesh Chowdhary says full-cycle production will be in place by next spring.
India: Under a new plan from the country's Ministry of Railways, between 2026 and 2030 the fleet of national operator Indian Railways will be expanded by 88 Vande Bharat trains with seating accommodation.
Italy: National railway company FS Group has completed the acquisition of the subsidiary Titagarh Firema from the Titagarh Rail Systems for €41 mln.
India: The manufacturer has secured its first-ever contract for 62 self-propelled track vehicles for the inspection and maintenance of railways and catenary.
Latest deals and contracts in the LRV market.
India: The fleet of three six-car trains was put into service on 10 August. The vehicles operate at 25-minute intervals on the 19.1 km long yellow line.
India: By 2028, Titagarh Rail Systems aims to increase its annual output to up to 850 EMU cars, compared with the current level of 300 per year.
India: The company is targeting an output of over 1,000 railcars per month this financial year.
India relies on the creation and expansion of its own facilities and technology transfer with mandatory localisation under the national programme Make in India.