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Titagarh Rail Systems Ltd ( (IN:TITAGARH) ) has shared an announcement.
Titagarh Rail Systems Ltd. has rolled out its first indigenously engineered, driverless trainset for the Ahmedabad Metro’s Phase-2, delivering it to Gujarat Metro Rail Corporation from its advanced passenger rail facility in Uttarpara, West Bengal, in an event attended by Gujarat Chief Minister Bhupendrabhai Patel. With 70–75% local content and stainless-steel, energy-efficient car bodies, the trainsets will serve the Yellow Line between Ahmedabad and Gandhinagar and a Violet Line branch to GIFT City over a 28.26 km elevated corridor, featuring modern safety systems, driverless operation capability, inclusive passenger amenities and culturally themed interiors. The launch underscores the Make in India and Atmanirbhar Bharat push in rail infrastructure, strengthens Titagarh’s positioning as a key partner in India’s metro expansion, and aligns with its ambitions to scale up as a global rail player, including future capabilities in high-speed trains.
More about Titagarh Rail Systems Ltd
Titagarh Rail Systems Ltd. is a leading Indian rolling stock manufacturer specialising in passenger rail systems and metro trainsets, with a strong focus on indigenous, high-technology rail solutions for India’s expanding urban mobility and metro networks.
Average Trading Volume: 59,355
Technical Sentiment Signal: Hold
Current Market Cap: 105.7B INR
For a thorough assessment of TITAGARH stock, go to TipRanks’ Stock Analysis page.