Some interesting data from JW QIP 2023.
Aggregated capacities 30 to 35K.
I know that Titagarh is expanding its capacities by 4k or something, not sure about texmaco and others.
A possible 90K wagon tender breakdown is 50K given last year and another 30 to 50K tender which IR plans to float (as per titagarh and jw concall, both seem confident of bagging the upcoming tender).
The requirement numbers looks small given the increasing capacities and the tenders already awarded by IR. The private wagon requirement is small 20% of IR’s demand.
Question: Will wagon manufacturing companies continue running at 100% capacities beyond FY25?
| Subscribe To Our Free Newsletter |
