RKFL and Titagarh launch Chennai wheel plant targeting ₹2,800 cr revenue
after close1 source ↓written by the desknot a recommendation
- at peak capacity
- ₹2,800 cr revenue
- for FY27
- 45,000-50,000 wheels
RKFL and Titagarh Rail Systems Limited (TRSL) launched a new wheel manufacturing facility in Chennai, which began production in June. The plant aims for ₹2,800 cr revenue at peak capacity by 2029, with an initial target of 45,000-50,000 wheels for FY27. This facility is a strategic response to India's growing rail infrastructure demand.
• Initial revenue target: ₹500 cr
• Full capacity: 228,000 units
• Government investments are boosting the rail sector's growth.
Not investment advice. For informational purposes only.