Titagarh Rail Systems
| Company type | Public |
|---|---|
| BSE: 532966 NSE: TITAGARH | |
| ISIN | INE615H01020 |
| Industry | Railways Defence Shipbuilding Mining |
| Founded | 1984 |
| Founder | Jagadish Prasad Chowdhary |
| Headquarters | Titagarh Towers 756, Anandapur, E.M. Bypass, , India |
Area served | Worldwide |
Key people |
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| Products |
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Production output | 8,000 wagons (2020) |
| Revenue | ₹28.22 billion (US$330 million) (2023) |
| ₹1.3 billion (US$15 million) (2023) | |
| Total assets | ₹26.79 billion (US$340.82 million) (2022) |
| Total equity | ₹8.42 billion (US$107.12 million) (2022) |
| Owners | Chowdhary family (47.05%) |
Number of employees | 453 (31 March 2021) |
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| Website | titagarh |
Titagarh Rail Systems Limited is an Indian rolling stock manufacturer. Established in 1997 as a rolling stock foundry unit, the company's headquarters are situated in Kolkata, West Bengal. Titagarh is publicly traded on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
At first, it used to manufacture railway components. Going forward, it ventured into making entire wagons that would be used for freight. The core operations of the company encompasses providing freight wagons, semi high-speed trains, metros, transit and propulsion systems, and passenger coaches for the Indian Railways, as also for export. In addition to the design, manufacture & supply of 102 metro coaches for the Pune Metro and an order for 24,177 wagons, the company has been awarded orders by the Indian Railways for the manufacture and maintenance of Vande Bharat trains and wheels for the same under the Atma Nirbhar and Make in India initiatives of the Government of India; hence, it is a significant enabler for the railway infrastructure of the country. Beyond its substantial engagement in the railway sector, Titagarh holds business interests in shipbuilding, bridges, and defense.
Its major rivals in railway division are Alstom, BEML, CAF, etc.