New Delhi: Jupiter Wagons Limited (JWL), one of India’s leading rolling stock and mobility solutions companies, has secured fresh private sector business worth over INR 324 crore (incl. GST), comprising a Letter of Intent from GATX India Private Limited and an order from Chetak International Private Limited, both for its new-design ACT2 wagon platform.
Jupiter Wagons has received a Letter of Intent from GATX India Private Limited, a leading rail- leasing company, for the manufacture and supply of 10 rakes of ACT2 wagons, comprising 270 ACT2 wagons. The Letter of Intent is valued at INR 214.94 crore.
Separately, the Company has received an order from Chetak International Private Limited for the manufacture and supply of 5 rakes of ACT2 wagons, comprising 135 ACT2. The order is valued at INR 109.10 crore.
These wins reinforce the growing traction for Jupiter Wagons’ new-design, ACT2 platform among private wagon-leasing and logistics operators. They come alongside strong momentum in the Company’s Indian Railways business, including its INR 1,140 crore order from the Ministry of Railways for 2,583 wagons, giving Jupiter Wagons a diversified and resilient order book balanced across government and private sector demand.
Vivek Lohia, Managing Director, Jupiter Wagons Limited, said, “These wins reflect the confidence that private wagon-leasing and logistics operators place in our new-design ACT2 platform and in our ability to deliver at scale. As India moves a greater share of its freight to rail, we are seeing strong, broad-based demand across both the Indian Railways programme and the private sector. A balanced order book across government and private customers gives us healthy visibility and a resilient foundation for growth, and we remain focused on executing with the discipline and quality our customers expect.”
These orders demonstrate Jupiter Wagons’ deepening traction with private sector customers and reinforce its position as a preferred manufacturing partner for specialised, high-capacity wagon platforms. Backed by its integrated manufacturing footprint and broad product portfolio, the Company remains focused on scaling capacity and execution to meet the accelerating demand for rolling stock across India’s rail freight and logistics landscape.
