Titagarh Wagons (TWL) is planning to restructure its various business segments, other than wagon manufacturing, into subsidiaries. It has started evaluation of its businesses to make them separate entities. Currently TWL has five unlisted subsidiaries including overseas entities.
Titagarh Wagons is engaged in manufacturing of railway wagons, bailey bridges, heavy earth moving and mining equipment, steel and SG iron castings of moderate to complex configuration. It also manufactures special wagons, shelters and other engineering equipment for the Indian defence establishment.
