Steel Foundry Established in the year , this multi-product steel foundry specially caters to the Indian Railways. Bharatpur, India This manufacturing unit situated at Bharatpur, Rajasthan, has a capacity of producing wagons per year.
Titagarh also manufactures Loco Shells from this facility. Titagarh Towers , Anandapur, E. Bypass Kolkata - , West Bengal, India. Figure 2. The lower-than-expected capacity utilisation led to poor fixed cost absorptions and the consequent low margins and ceased new capacity build up in the past few years, leading to almost stagnant capacities.
Figure 3. Figure 4. Though IR released around 11, wagons of the overall 22, wagon requirement in FY19, the pending 9, wagons would be released in FY20, Ind-Ra believes the capacity utilisation to remain subdued at the existing levels in FYFY21, on account of the lower realisations and higher working capital requirements.
However, with the commencement of Dedicated Freight Corridors, both Eastern and Western scheduled in the next two-to-three years, the wagon requirement is likely to increase and result in better revenue visibility for the wagon manufacturers, thereby increasing industry-wide operational efficiencies.
Road Ahead: In the past few years, the domestic wagon manufacturers have either diversified their order book or filed insolvencies on account of the issues persistent in the wagon industry. However, market leaders such as TWL and Texmaco chose different paths to diversify their order books; TWL ventured into foreign operations by acquiring entities majorly in Europe, while Texmaco acquired entities in the rail EPC segment to reduce the concentration risk from the IR wagon segment.
These entities have availed the required pre-qualification status to venture into other business verticals such as electrification, metro operations, etc. Considering the inconsistencies in the IR wagon orders in the past decade coupled with the incremental working capital requirements and the supply chain challenges in the wagon industry, Ind-Ra believes these issues would lead to further consolidations among the players in FYFY Sundergarh, Odisha.
Kolkata No. Kolkata 5, Hide Road, Kolkata - , Dist. Angus, Bhadreswar, Dist. Hooghly P. Angus, Dist. Hooghly, Angus, Bhadreswar - , Dist. Hooghly, West Bengal. ROAD G. Ghaziabad, Uttar Pradesh. Paonta sahib, Sirmaur Plot No. Sirmaur, Himachal Pradesh. Have a requirement? Get Best Price. View by: Product Supplier.
Location Near Me. Amita Engg. Works G. Marwaha Manufacturing Co. Railway Wagon Price. BETA These are indicative values based on popular product prices. Prices across cities for Railway Wagon. Is the information useful?
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