Titagarh Rail Systems Secures ₹430.53 Crore Order from Pune Metro
Titagarh Rail Systems Limited has achieved a significant milestone by securing a prestigious order from the Maharashtra Metro Rail Corporation Limited (Maha-Metro). The consortium of Titagarh Rail Systems and its associate company, Titagarh Firema S.p.A, has received a Letter of Approval to supply 12 additional trainsets for the Pune Metro Rail Project, under clause A.6 of Contract No: P1/RS-01/2018.
Expansion of Pune Metro Rolling Stock
This new order is valued at approximately ₹430.53 crore and pertains to the design, manufacture, supply, testing, and commissioning of Electric Multiple Units (EMUs) for passenger transit. Additionally, it includes the training of personnel, reinforcing Titagarh’s holistic and end-to-end capabilities in the railway infrastructure domain.
The new contract is a quantity variation addition to an earlier agreement signed in August 2019. It reflects Maha-Metro’s continued trust in Titagarh’s technological competence, product reliability, and execution capabilities.
Execution Timeline and Scope
The project is expected to be completed within 30 months, which includes the entire cycle from manufacturing to commissioning. The new rolling stock will support Pune Metro’s ongoing efforts to expand its urban transit infrastructure, ensuring smoother and more frequent services to commuters.
Domestic Project with National Impact
This order is awarded by a domestic entity, aligning with the Government of India’s “Make in India” initiative. Notably, the contract does not involve any related-party transactions and no promoter or group company has any interest in the awarding entity, confirming complete transparency in the deal.
Strategic Win for Titagarh
This contract significantly boosts Titagarh’s order book and positions the company as a leader in India’s growing metro rail ecosystem. It strengthens their footprint in the passenger rail systems segment and underscores their commitment to supporting India’s mass transit infrastructure.
Titagarh Rail Systems continues to evolve from a wagon manufacturer to a complete mobility solutions provider, and this order further solidifies its transformation and growth trajectory. With this win, the company takes a confident step forward in shaping urban mobility for the future.
