Titagarh Wagons has acquired 100% stake of the foreign partner in Titagarh FreightCar (TFPL) on pursuant to the agreement entered into between the joint venture partners.
Accordingly TFPL has become a wholly owned subsidiary of the Company with the effect from July 19, 2013.
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.
