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Titagarh Wagons

Titagarh Wagons
Leadership team

Mr. Jagdish Prasad Chowdhary B.Com., MIMA (Exec. Chairman)

Mr. Umesh Chowdhary B.Com. (Vice Chairman, MD & CEO)

Mr. Anil Kumar Agarwal B.Com. ACA, CWA (Chief Bus. & Risk Officer, Joint CFO, Director of Fin. and Director)

Products/ Services
Industrial Automation, Manufacturing, Railroad, Supply Chain Management, Transportation
Number of Employees
500 - 1000
Headquarters
Kolkata, West Bengal, India
Established
1997
Net Income
2M - 5M
Revenue
100M - 500M
Traded as
NSE:TWL
Social Media
Overview
Location
Summary
Titagarh Wagons Limited manufactures and sells freight wagons, passenger coaches, and metro trains in India and internationally. It operates through Freight Rolling Stock, Passenger Rolling Stock, and Shipbuilding, Bridge, and Defence segments. The company offers flat, hopper, tank, box, automobile-carrying, covered, and special purpose wagons; and brake vans. It also provides cast bogies, couplers, draft gears, loco shells, and CMS crossing components. In addition, the company offers passenger rolling stock products, including high speed electric loco, EMU train sets, urban metro rail systems, light rail transport, diesel electric multiple units, body shells, and bogies; and propulsion and electrical equipment, such as traction converters and power electronics, propulsion systems, auxiliary power supply products, electronic equipment, traction motors, train control and monitoring systems, and hardware and software products. Further, it provides re-design, maintenance, assistance and global, repair, inspection and refurbishing, systems and electrical equipment upgrade, exteriors and interiors face-lift, and power upgrading services. Additionally, the company designs and constructs warships, passenger vessels, tugs, and other specialized self-propelled vessels and its components. It also offers modular panel bridges, bailey bridges, unibridges, and matière X bridge and defence products, such as shelters, specialized wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. Titagarh Wagons Limited was incorporated in 1997 and is based in Kolkata, India.
History

Titagarh Wagons' founder Jagadish Prasad Chowdhary began his career working as an account assistant at the Silcoorie tea estate in Darjeeling, West Bengal. He later moved to Calcutta to work as an accountant for Bhartia Electric Steel Co. , a steel casting company, that supplied the Indian Railways. Chowdhary rose within the ranks of the company to eventually become chief executive officer of BESCO. In 1982, Chowdhary purchased the closed foundry division of state-owned Britania Engineering, located at Titagarh. He renamed the business as Titagarh Steels and began manufacturing railway castings such as bogies and couplers. Chowdhary purchased Titagarh Paper through the Board for Industrial and Financial Reconstruction in 1994. However, the operation was a failure and was shut down after the government abolished import duties on paper rendering the company's business unsustainable. Meanwhile, Titagarh Steels began producing crossing components for railways.Chowdhary founded Titagarh Wagons Limited on 3 July 1997 to manufacture railway wagons. The company started out with an annual production capacity of 180 wagons.In 2015, Titagarh Wagons acquired the brand name and know-how of French cast steel bogie manufacturer Sambre et Meuse. On 16 July 2015, Titagarh acquired a 90% stake in Italian rail equipment firm Firema Trasporti for an estimated EUR 25 million. The remaining 10% stake was held by Italian company Adler Plastics SpA. In June 2017, Titagarh announced that it had acquired the 10% stake from Adler Plastics for an undisclosed amount. The company was subsequently renamed as Titagarh Firema SpA. Titagarh Firema designs metro rail coaches and manufactures them at its factories at Caserta, Spello and Tito.In 2019, Titagarh Firema was awarded the contract to supply 102 aluminium bodied metro rail coaches for the Pune Metro by Mahametro. While 3 of the total 34 rakes would be manufactured at the Firema plant in Italy, the remaining 31 trainsets would be manufactured at TWL's facility in Uttarpara. In March 2020, it was reported that Titagarh had suspended plan operations in Italy due to the COVID-19 pandemic.

Mission
Our mission is to be the leading wagon and coach manufacturers in India, and strive for producing highest quality products for our customers.
Vision
Our vision is to be the most preferred supplier of wagons and coaches by all Indian Railways, Metro Projects, and Private Industries.
Key Team

Mr. Prithish Chowdhary (Director of Marketing & Bus. Devel. and Whole-Time Director)

Mr. Sudipta Mukherjee (Director of Freight Operations & Whole-Time Director)

Mr. Saurav Singhania (Group Fin. Controller & Joint CFO)

Mr. Ravi Prakash Mundhra (Compliance Officer & Company Sec.)

Mrs. Vinita Bajoria (Sr. VP of Commercial)

Mr. Dilip Jadeja (Chief Operating Officer of Transit & Propulsion)

Recognition and Awards
Titagarh Wagons has been awarded the 'Advanced Railway Signal Box Technology Award' at The Business Leadership Award ceremony. They were also awarded the 'Best Wagon Manufacturing Company' at The 12th Indian Engineering Excellence Award.
References

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Titagarh Wagons
Leadership team

Mr. Jagdish Prasad Chowdhary B.Com., MIMA (Exec. Chairman)

Mr. Umesh Chowdhary B.Com. (Vice Chairman, MD & CEO)

Mr. Anil Kumar Agarwal B.Com. ACA, CWA (Chief Bus. & Risk Officer, Joint CFO, Director of Fin. and Director)

Products/ Services
Industrial Automation, Manufacturing, Railroad, Supply Chain Management, Transportation
Number of Employees
500 - 1000
Headquarters
Kolkata, West Bengal, India
Established
1997
Net Income
2M - 5M
Revenue
100M - 500M
Traded as
NSE:TWL
Social Media