Jupiter Wagons Ltd announced on Tuesday, 22 April, that operations at one of its plants in Jabalpur have been halted for the past 15–20 days due to unavoidable circumstances.
The company assured that it is actively working to address the situation and expects to resume normal production in a short span of time.
In a recent development earlier this month, the company shared that its subsidiary, Jupiter Tatravagonka Railwheel Factory Private Ltd (JTRF), has acquired land in Haldiapada, Khordha, Odisha, to establish India’s first private-sector rail wheel and axle forging facility.
The company added, “Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRF), a subsidiary of Jupiter Wagons Limited, has successfully secured land in Haldiapada, Khordha, Odisha, for its upcoming Railwheel & Axle forging plant.”
Jupiter Tatravagonka has outlined plans to invest R 2,500 crore in phases over the coming years to set up the facility.
Once operational, the plant aims to produce around 1,00,000 forged wheelsets annually, serving both domestic and global markets. Nearly half of the output is intended for export, mainly to Tatravagonka AS, which is a prominent rail infrastructure company based in Slovakia, along with other European clients.
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