Jupiter Tatravagonka acquires for new manufacturing plant in Odisha
Jupiter Wagons Limited's subsidiary, Jupiter Tatravagonka Railwheel Factory Pvt Ltd (JTRF), has acquired a land parcel in Haldiapada, Khordha, Odisha. The firm plans to develop the country's first forged rail wheel and axle manufacturing plant on the land.
The project would take an investment of Rs 2,500 crore and is expected to produce 100,000 forged wheelsets annually for both the local and foreign markets.
Also Read: Jupiter Wagons bags order from Indian Railways worth Rs 957 crore