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Among cars, UVs have seen the highest growth during the past few years
Titagarh Wagons is looking to invest close to Rs 1,000 crore over the next three to five years for capacity building in the manufacturing of wagons, coaches and foundry
The railways spent more than Rs 150 crore in repairing around 2,000 damaged and dilapidated wagons over the last four months to augment coal movement to power plants, according to official data. It also said that around 9,982 such wagons were listed as damaged in January, the numbers of which reduced to 7,803 by May 2, with the railways managing to repair 2,179 wagons in time for the coal demand to peak in the country. Officials said it cost the national transporter around Rs 5 lakh to Rs 10 lakh to repair each wagon. Sources indicate that damage to wagons has become a cause of concern for the ministry since private contractors used by power plants to unload coal began substituting manual unloading with JCBs. "JCBs hit the interior of the wagons and damage them severely. While earlier, this unloading was done manually, now it is being done through JCBs which have resulted in a significant increase in the number of wagons that are damaged. We are repairing them at a fast pace and usi
Braithwaite & Co Ltd is betting big on domestic demand for wagons after the Russia-Ukraine crisis has derailed its export negotiations for shipping out over 5,000 railway freight vehicles worth more than Rs 1,000 crore to war-torn Ukraine, an official said on Sunday. The PSU under the Ministry of Railways was negotiating with Ukraine to secure an order of 5,400 wagons, the largest export bid for the company. The war derailed the export negotiations. The company could be in trouble if it had broken out in the execution phase of the proposed shipment. However, domestic wagon requirement has gone up substantially and the delay in securing the export order has compelled us to focus on Indian supplies, Braithwaite CMD Yatish Kumar told PTI. The engineering firm along with the Research Designs & Standards Organisation (RDSO) has been working for the "RO-RO truck on train concept", he said. "A prototype has been manufactured with RDSO design and the conflict pushed us to focus on ...