DELHI (Metro rail News): Jupiter Wagons has secured a Rs 97.66 crore order from GATX India for the manufacture and supply of BFNS22.9 freight wagon rakes. The deal adds to the company’s business with private wagon leasing firms operating on the Indian Railways network.
Jupiter Wagons Limited signed a Wagon Purchase Agreement with GATX India Private Limited on September 8. GATX India is a subsidiary of US-based GATX Corporation. The company operates in India’s private wagon leasing market, where private players can lease and operate freight rolling stock on the Indian Railways network.
Order details
| Information | Details |
| Order value | Rs 97.66 crore, including applicable taxes |
| Customer | GATX India Private Limited |
| Parent company | GATX Corporation, USA |
| Wagon type | BFNS22.9 |
| Agreement | Wagon Purchase Agreement |
| Order date | September 8, 2026 |
The order comes as private wagon leasing gains a larger role in India’s freight transport sector. The Indian Railways’ Wagon Leasing Scheme allows private companies to acquire or lease wagons and use them across the railway network.
Jupiter Wagons and rising wagon demand
GATX’s order gives Jupiter Wagons another contract with an international wagon leasing company. It also points to growing demand for specialised freight wagons from private fleet operators. BFNS22.9 wagons are designed for high-payload freight applications. Such wagons allow leasing companies to add dedicated freight capacity without directly owning manufacturing facilities.
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Jupiter Wagons Managing Director Vivek Lohia said the agreement reflects the confidence of global wagon leasing companies in the company’s manufacturing and delivery capabilities. He also linked the order to the expansion of private wagon leasing on the Indian Railways network and the resulting demand for specialised wagons.
Jupiter Wagons expands leasing-sector business
The company has been building its order book across the freight rolling stock segment. Its latest agreement with GATX further expands its customer base among global wagon leasing players. The company said its manufacturing setup allows it to produce specialised freight wagons at scale. The latest order will add to its business in India’s private wagon ownership and leasing ecosystem. No delivery schedule for the BFNS22.9 rakes was disclosed in the announcement.
The Rs 97.66 crore order highlights the growing participation of private wagon leasing companies in India’s rail freight market. For manufacturers such as Jupiter Wagons, this segment could provide another source of demand as private operators expand their rolling stock fleets.
Source: Jupiter Wagons Press Release
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