Jupiter Tatravagonka Railwheel Factor secures long term supply agreement with Tatravagonka a.s.
India, May 27 -- Jupiter Tatravagonka Railwheel Factory (JTRWF), has entered into a definitive long-term supply agreement with the leading European rail wagon manufacturer Tatravagonka a.s. for the supply of rail wheels, axles, and wheelsets.Through its greenfield plant at Odisha, the company has planned annual capacity of One Lakh wheelsets. And expects to export approximately 50,000 wheelsets annually to the European market placing India squarely on the global rail supply chain map.The agreement is structured for 10 years, with commercial supplies expected to commence by the end of calendar year 2027. The deal establishes a required procurement framework under which TATRAVAG'NKA a.s. and its affiliates will procure railway wheels, axles, ...
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