Titagarh Wagons has received an approval for execution of a Joint Venture Agreement (JVA) with Matiere S.A.S., France pursuant where to a Joint Venture Company (JVC) between the joint venture partners would be incorporated in India to pursue manufacture of metallic and modular bridges in India and their marketing in neighboring companies/territories agreed upon in the said agreement, subject to the compliances as may be applicable.
The board of directors at its meeting held on May 26, 2016 has approved for the same. The above would be in addition to the company’s existing business of manufacture and sale of Bailey Bridges.
Titagarh Wagons is engaged in the business of manufacturing Railway Wagons, EMU (Rail Coaches), Bailey Bridges, Heavy Earth, Moving and Mining Equipment, Steel and SG iron castings of moderate to complex configuration etc.
