Mumbai, Nov. 9 -- Jupiter Wagons has secured orders valued at more than Rs. 3.24 bn, including GST, from GATX India and Chetak International for the manufacture and supply of ACT2 automobile carrier wagons. The contracts cover 15 rakes comprising 405 wagons.
GATX India, a rail-leasing company, has issued a Letter of Intent valued at Rs. 2.15 bn for 10 rakes containing 270 ACT2 wagons. Chetak International has placed an order worth Rs. 1.09 bn for five rakes comprising 135 wagons.
The ACT2 platform is designed for automobile transportation and forms part of Jupiter Wagons' portfolio of mobility and freight solutions. The company manufactures freight wagons, locomotives, commercial vehicle load bodies, ISO marine containers and railway components, serving sectors including automobiles, defence, logistics, mining, energy and infrastructure.
The latest private-sector contracts add to a Rs. 11.4 bn order secured from Indian Railways for 2,583 wagons. Together, the government and private-sector awards give the company a broader order base across public and commercial customers, supporting its presence in the railway freight market.
Jupiter Wagons operates from 14 locations across India, including Kolkata, Jamshedpur, Indore, Jabalpur, Bengaluru and Chhatrapati Sambhajinagar. The company said the orders reflect customer confidence in its ACT2 design and manufacturing capacity, while its priority remains executing projects with the required quality and delivery discipline. With a legacy of more than four decades, it is continuing to develop specialised, high-capacity wagon solutions while balancing order intake with execution capability.
Published by HT Digital Content Services with permission from Construction World.