Titagarh-Ramakrishna JV’s Chennai Unit To Boost Rail Wheel Production

Titagarh Rail Systems, one of India’s foremost manufacturers of rail wagons and coaches, is taking a strategic step to bolster its production capabilities through a new joint venture with Ramakrishna Forgings Ltd. The joint venture, named Ramkrishna Titagarh Rail Wheels Ltd, is setting up an advanced manufacturing facility in Gummidipoondi, located near Chennai. This state-of-the-art plant is designed to produce high-performance forged wheelsets, catering to the requirements of metros, freight wagons, and passenger railcars. The facility will have an annual production capacity of 220,000 wheels. As part of the venture, 80,000 of these wheels will be supplied to Indian Railways under a guaranteed offtake agreement, offering long-term business visibility. Each forged wheel is estimated to cost around Rs 1 lakh. The plant is expected to commence full-scale operations by Feb-Mar 2026.This initiative is crucial, especially after Titagarh faced a slowdown in wagon sales last fiscal due to a shortage of wheelsets from the Rail Wheel Factory. By building its own supply capability, the company aims to eliminate such supply chain disruptions in the future. With about 25% market share, Titagarh remains India’s largest freight wagon manufacturer, leveraging a vertically integrated model for operational resilience.