Jupiter Tatravagonka secures land for India’s first forged railwheel & axle manufacturing plant in Odisha

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. This marks a major milestone in the company’s expansion plans, reinforcing Odisha’s position as a strategic hub for high-tech industrial manufacturing. Notably, JTRF is the first railway heavy engineering industry in Odisha in the private sector.

Jupiter Tatravagonka plans to invest Rs 2,500 crore in phases over the next few years to develop this state-of-the-art facility. The plant is expected to produce 100,000 forged wheelsets annually and will cater to both domestic and international markets, with nearly 50% of production earmarked for exports, primarily to Tatravagonka A.S., a leading Slovakian rail infrastructure company, and other European firms.

Vivek Lohia, Managing Director, Jupiter Group, stated, "The acquisition of land in Odisha marks a significant milestone in our commitment to strengthening India's self-reliance in rail manufacturing. This facility is a testament to the 'Make in India' and 'Atmanirbhar Bharat' initiatives, ensuring that India not only meets its domestic railway needs but also emerges as a leading exporter of high-quality railwheel and axle components. With the strong support of the Government of Odisha, we are confident that this project will drive industrial growth, generate employment, and cement India's position as a global hub for rail infrastructure."

With operations expected to commence by 2027, the Odisha plant will play a crucial role in strengthening India’s railway manufacturing capabilities while supporting the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives. The facility is expected to create thousands of direct and indirect jobs, driving economic growth in the region.

The plant will be equipped with cutting-edge technology to support higher-speed and high-load efficiency railway operations. By producing critical railway components domestically, Jupiter Tatravagonka will significantly reduce import dependency while expanding its global trade footprint through exports to Europe.