Jupiter Wagons plans a ₹2,500 crore investment in Odisha for a new plant to increase forged wheelset production, supporting India's "Make in India" and global supply chain presence.

Jupiter Wagons plans to invest ₹2,500 crore to establish a new plant in Odisha, aiming to boost its subsidiary’s forged wheelset production from 20,000 to 100,000 units annually by 2027. The facility will serve domestic and international markets, with 50% of output designated for exports, notably to Europe. This initiative supports India's "Make in India" campaign and enhances the company's global supply chain presence.

September 17, 2024
5 Articles

Further Reading