Home Industry News Jupiter Wagons Ltd Secures ₹324 Cr ACT2 Wagon Orders from GATX India and Chetak International 

Jupiter Wagons Ltd Secures ₹324 Cr ACT2 Wagon Orders from GATX India and Chetak International 

Jupiter Wagons Ltd Secures ₹324 Cr ACT2 Wagon Orders from GATX India and Chetak International 
ACT2-Jupiter Wagon for bulk freight transport/Representaion of image
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DELHI (Metro Rail News): Jupiter Wagons Limited (JWL) has received orders of over ₹324 crore from GATX India Private Limited and Chetak International Private Limited for the manufacture and supply of ACT2 automobile carrier wagons.

A Letter of Intent (LoI) of worth ₹214.94 crore has been received from GATX India Private Limited, one of the leading rail-leasing companies, for manufacturing and supplying of 10 rakes of ACT2 wagons, comprising 270 ACT2 wagons. An order valued at ₹109.10 crore has been received from Chetak International Private Limited for the manufacture and supply of 5 rakes of ACT2 wagons, comprising 135 ACT2 wagons. The orders received by the two leading private companies contribute to the total value of over ₹324 crore, including GST.

About Jupiter Wagons Limited (JWL)

JWL is a leading mobility solutions provider offering products such as freight wagons, locomotives, commercial vehicle load bodies, ISO marine containers and railway components, while also serving industries such as automobiles, defence, transportation, logistics, construction equipment, energy, mining and infrastructure. It has its offices at 14 different locations across India, namely Kolkata, Jamshedpur, Indore, Jabalpur, Bengaluru and Chhatrapati Sambhajinagar.

Orders from Ministry of Railways and private firms altogether

The recent two orders add to the already secured ₹1,140 crore contract from Indian Railways for 2,583 wagons. The orders from both government and private-sector organisations reflect confidence in the company’s ability to deliver as expected.

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Mr Vivek Lohia, Managing Director, Jupiter Wagons Limited, says on the recent development,  “These wins reflect the confidence that private wagon-leasing and logistics operators place in our new-design ACT2 platform and in our ability to deliver at scale. As India moves a greater share of its freight to rail, we are seeing strong, broad-based demand across both the Indian Railways programme and the private sector. A balanced order book across government and private customers gives us healthy visibility and a resilient foundation for growth, and we remain focused on executing with the discipline and quality our customers expect.”  

Orders from both public- and private-sector customers highlight the company’s growing presence in the railway freight market and reinforce its position as a manufacturing partner for specialised, high-capacity wagons. With a legacy of over four decades, Jupiter Wagons Limited aims for further development while maintaining a balance between large orders and its execution capabilities.

Also Read: Jupiter Wagons Secures Massive ₹ 1,140 Cr Railway Order for 2,583 Freight Wagons

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