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Company type | Public |
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BSE: 532966 NSE: TWL | |
ISIN | INE615H01020 |
Industry | Railways Defence Shipbuilding Mining |
Founded | 1984[1] |
Founder | Jagadish Prasad Chowdhary |
Headquarters | Titagarh Towers 756, Anandapur, E.M. Bypass, , India[2] |
Area served | Worldwide |
Key people | |
Products |
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Production output | 8,000 wagons[6] (2020) |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owners | Chowdhary family (47.05%)[8] |
Number of employees | 453[9] (31 March 2021) |
Subsidiaries |
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Website | titagarh |
Titagarh Rail Systems Limited, formerly known as Titagarh Wagons Limited, is an Indian rolling stock manufacturer in the private sector. Established in 1984 as a rolling stock foundry unit, the company's headquarters are situated in Kolkata, West Bengal.[11] Titagarh is publicly traded on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).[12][13]
In 1997, the founder decided to add a bit more value to his propositions. He ventured into making entire wagons that would be used for freight, before that it used to manufacture railway components. The core operations of the company encompass providing freight wagons, semi high-speed trains, metros, transit and propulsion systems, and passenger coaches for the Indian Railways and for the export markets as well. In addition to the design, manufacture & supply of 102 metro coaches for the Pune Metro and the largest ever order for procurement of 24,177 wagons which are under execution, the company has been awarded prestigious orders by the Indian Railways for the manufacture and maintenance of Vande Bharat Trains and Wheels for the same under the Atma Nirbhar and Make in India initiatives of the Government of India and is a significant enabler for railway infrastructure of the country. Beyond its substantial engagement in the railway sector, Titagarh holds business interests in shipbuilding, bridges, and defence.[14][15][16]
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