Jupiter Wagons Wins Rs 100 Crore Contract for Double-Decker Auto Carriers

By By Rediff Money Desk, MUMBAI
Jan 05, 2024 21:34
Jupiter Wagons secures a major contract to manufacture four rakes of double-decker automobile carriers for a leading automaker, valued at Rs 100 crore. These innovative wagons, designed to transport SUVs, will feature advanced technologies and enhance efficiency on the Indian Railways.
Mumbai, Jan 5 (PTI) Mobility solutions provider Jupiter Wagons on Friday said it has secured a "significant" contract from a leading automobile maker for manufacturing four rakes of double-decker automobile carrier worth around Rs 100 crore.

These automobile carrier Wagons will be able to carry SUVs on the bottom and top deck and come with a number of advanced technologies like articulated bogies and reduced idling time on account of sick wagon substitution, the company said in a statement.

Such wagons are being introduced to the Indian Railways for the first time, considering the maximum moving dimensions, which not only suit the Dedicated Freight Corridor (DFC) but will also comply with a large section of the available national railway network, it added.

"We are ready to leverage our expertise and resources to deliver these wagons, ensuring they meet the highest standards of quality and performance," said Vivek Lohia, Managing Director at Jupiter Wagons.

Jupiter Wagons provides comprehensive mobility solutions, with diverse offerings across freight wagons, locomotives, passenger and metro coaches, braking systems, commercial vehicles and marine containers, among others.

The company has four manufacturing facilities -- Kolkata, Jamshedpur, Indore and Jabalpur.
Read More On:
jupiter wagonsdouble-decker automobile carriersautomobile carriersindian railwaysdedicated freight corridordfcmobility solutionsfreight wagonslocomotivespassenger coachesmetro coachesbraking systemscommercial vehiclesmarine containers
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