Titagarh Wagons, the
private sector wagon makers in India, will focus their attention on the railways
sector as there has been a substantial drop in orders from non-railways segment.
Once the company had
introduced its 'own your own wagon scheme' and 'wagon investment scheme', orders
from non-railway private sector had increased, making it a 50:50 balance between
railways and non-railways sector.
However, now the
company has decided to shift its focus and push trade from the railways sector
to 75-80 per cent of the total business. The company is planning to have an
annual capacity of 10,000 wagons by 2009. It will be investing Rs.120 crore to
ramp up capacity at Titagarh Wagons and another Rs.35-40 crore at Simco Birla
which is expected to be operational by April 2009.
Also See:
Titagarh Wagons'
expansion plans on track (05-Dec-08)