Jupiter Wagons Bags ₹324 Cr Auto Carrier Rake Order

Jupiter Wagons Limited (JWL) has bagged private sector contracts worth ₹324.04 crore to supply 15 rakes of its ACT2 automobile carrier wagons. The business includes a Letter of Intent (LoI) from GATX India for 10 rakes, alongside a ₹109.10 crore order from Chetak International for five rakes (135 wagons).

This deal bolsters Jupiter Wagons' footprint in the private rail logistics market, adding to its robust order book, which recently saw a massive ₹1,140 crore contract from the Railway Board for 2,583 wagons.

News by Rahul Yelligetti.