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Titagarh Wagons enters into strategic alliance with ABB

17 Jun 2020 Evaluate
Titagarh Wagons (TWL) has entered into an exclusive cooperation agreement with ABB, to address the large and growing business of propulsion equipment (traction converters) for the Indian railway EMU/MEMU market.

According to the agreement, Titagarh and ABB will work together to design, develop and manufacture state of the art 3 phase IGBT based propulsion systems for EMU/MEMU which would be manufactured in Titagarh’s plant at Uttarpara, Kolkata with certain components being supplied by ABB. This agreement goes into effect immediately with the first units to be put into revenue service in less than 2 years.

TWL is the largest private sector manufacturer of railway coaches (EMUs, MEMUs) and the largest wagon maker (other than Railways).

Titagarh Railsystems Share Price

741.05 3.85 (0.52%)
17-Apr-2026 16:59 View Price Chart
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