Titagarh Wagons plans to invest around Rs 1,000 crore in 5 years

Titagarh Wagons is planning to invest around Rs 1,000 crore in a mix of brownfield and greenfield projects in the next five years.

The Kolkata-based company is expanding wagon manufacturing capacity from 8,000 units per year to 12,000 units per year in the next two-three years at its Titagarh plant and setting up a new stainless steel coach manufacturing facility at Uttarpara. It will also set up a shipyard at Falta in South 24 Parganas of West Bengal.