Titagarh Rail Systems announced on Wednesday 12 that it has received a letter of acceptance (LoA) from Ambuja Cements and ACC Ltd to manufacture and supply 16 BCFCM rake wagons in addition to BVCM wagons for a total consideration of Rs 537.11 crore.

It is scheduled to be finished between January 2026 and March 2027.

This week, the company announced its intention to enter two new business sectors in addition to its core train operation.

It is going to enter the “Shipbuilding and Maritime Systems” sector in order to pursue maritime commercial activities, including shipbuilding and ship repair.

The company has also announced its plan to enter the “Signalling and safety systems” industry, where it will, subject to compliance, carry out railway safety and signaling-related activities such as train control and condition monitoring.

This division, according to Titagarh, will focus on railway operations and develop and execute solutions that enable safe and effective train operations.

Last month, the company said that it wants to create 1,000 wagons each month for the freight industry.

Vice-Chairman and Managing Director Umesh Chowdhary said, “In the previous quarter (July-September 2025), we achieved a run rate of about 900 wagons per month or about 2,700 wagons a quarter. We are fairly confident that from March quarter onwards, we will be able to stabilize at the 3,000 wagon per quarter run rate.”

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