New Delhi, October 29: Railway rolling stock manufacturer Jupiter Wagons Limited has just won a new contract worth ₹1,140 crore from the Ministry of Railways’ Railway Board to manufacture and supply 2,583 BOXNHL and BOXNS freight wagons. The Railways has been placing large scale wagon orders this year to meet surging demand, with the company anticipating order inflows to reach ₹2,000 crore by Q4 FY27.
This development comes after Jupiter won a ₹264 crore order for BLSS rakes by the Railways, as it aims to support the national transporter’s large-scale fleet modernization and procurement programmes.
Beyond railways, Jupiter Wagons also has a strong private sector order book from private freight operators and wagon leasing companies. This allows the company to get a diversified order pipeline.
“Indian Railways is adding freight capacity at a scale and pace this country has not seen before, and this order reflects the Ministry’s continued confidence in our ability to deliver. Over the years, we have integrated backward across the wagon value chain, from castings and bogies to couplers and brake systems, and we are now extending this to wheelsets through our facility in Odisha. That gives us greater control over cost, quality and delivery timelines. Our private sector order book remains strong, and we expect to add around INR 2,000 crore of incremental orders next quarter, giving us healthy visibility. We are ready to execute with the discipline this programme demands as India moves a greater share of its freight by rail on the path to Viksit Bharat 2047.” Mr Vivek Lohia, Managing Director, Jupiter Wagons Limited, said in a press release.
