Important points:
- For backward integration company is starting to make wheels, braking systems and foundry operations.
- By FY25 company will be making 1000 wagons per month from 700 currently.
- 20,000 wagon tender of Railways is closing on 15 November and two separate tenders of 10,000 units each for deferent design wagons, including aluminium wagons, are expected before the end of current fiscal year.
- ARAI certification for commercial EV will be available by December or January.
- Commercial rollout of vehicles expected in April 2025 and they expect to sell 2000 vehicles in first year.
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