Ramkrishna Forgings & Titagarh Wagons Consortium Wins Indian Railways’ Forged Wheel Bid

Kolkata, India – Ramkrishna Forgings Ltd, one of the leading suppliers of rolled, forged, and machined products, in consortium with Titagarh Wagons Ltd has been declared the Lowest Bidder (L1) by the Ministry of Railways for the manufacturing and supplying of forged wheels under the ‘Atmanirbhar Bharat’ initiative. As recently announced by Ashwini Vaishnaw, Union Minister, this tender is aimed at reducing the Indian Railway’s import dependence by inviting the industry to set up a facility to produce these wheels, which will primarily be used for semi-high speed trains (Vande Bharat) and high-speed trains (bullet trains).

Indian Railways has been focused on pursuing growth with an emphasis on the Make in India policy under the Atma Nirbhar Bharat initiative of the Government. The Consortium of Ramkrishna Forgings and Titagarh Wagons, being L1, as the selected bidder, would be required to set up a wheel test centre at a railway site for prototype testing of newly designed wheels. The Consortium will set up a state-of-the-art manufacturing facility in India for forged wheel production and will supply approximately 1.6-million-wheel discs of different rolling stocks of Indian Railways over a period of 20 years at a rate of about 80,000 wheels per annum.

Delighted to have been declared L1 in the bid for the manufacturing and supply of forged wheels for Indian Railways, Naresh Jalan, Managing Director, Ramkrishna Forgings Ltd, commented, “This is a testament to our strong technical capabilities and our commitment to delivering high-quality products to our customers. Also, the partnership with Titagarh Wagons Ltd is a strategic move towards expanding our presence in the railway segment, and we are confident that our joint efforts will enable us to deliver world-class products and services to the Indian Railways.”

In a similar vein, Umesh Chowdhary, Vice Chairman & Managing Director, Titagarh Wagons Ltd, stated, “It is a path-breaking development, and Titagarh Wagons, as a leading supplier of Passenger & Freight Rolling Stock to the Indian Railways, who are our largest customer, is ready for this opportunity to supply Forged Wheels and expand its footprint by further strengthening its capabilities in the railway rolling stock segment. We look forward to working in consortium with Ramkrishna Forgings Ltd to leverage our synergies, increase our participation in the ‘Atma Nirbhar’ program of the Government of India, and contribute to the growth of the Indian Railways.”

Image Source: Ramkrishna Forgings Ltd

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