Titagarh Deepens ABB Alliance to Localise 25kV Metro Propulsion Under Make in India

Titagarh Rail Systems Ltd ( (IN:TITAGARH) ) has provided an update.

Titagarh Rail Systems Limited has signed a milestone agreement with ABB India to develop and supply propulsion systems for 25kV AC metro applications, including technology transfer for Train Control and Monitoring Systems for driverless metro projects and a phased transfer of manufacturing of converters and traction motors under the Government of India’s Make in India policy. The deal, which supports Titagarh’s existing 240-coach contract for Mumbai Metro Lines 5 and 6, significantly advances the company’s backward integration by localising key high-value components, expanding co-production capabilities in propulsion for metro applications and completing its TCMS portfolio for both major metro traction systems, thereby enhancing India’s self-reliance in advanced rail technologies and reinforcing Titagarh’s strategic ambition to become a fully integrated, globally competitive rolling stock manufacturer.

More about Titagarh Rail Systems Ltd

Titagarh Rail Systems Limited is a leading Indian rolling stock manufacturer focused on designing and producing metro coaches, locomotives, EMUs and other passenger trains, including aluminium and stainless-steel metro trains, with modern manufacturing facilities in West Bengal and a growing capability across the full value chain of train production. The company has been expanding into high-precision propulsion technologies, Train Control and Monitoring Systems (TCMS) and related components to strengthen its position as a comprehensive, cost-competitive railway rolling stock producer aligned with India’s Make in India and Atmanirbhar Bharat initiatives.

Average Trading Volume: 87,746

Technical Sentiment Signal: Hold

Current Market Cap: 105.8B INR

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