Jupiter Wagons Limited (JWL) has secured a wagon manufacturing order worth ₹97.66 crore, including applicable taxes, from GATX India Private Limited, a subsidiary of US-based GATX Corporation. The order further expands Jupiter Wagons’ presence in India’s private wagon leasing market.
Under the Wagon Purchase Agreement, Jupiter Wagons will manufacture and supply BFNS22.9 rakes to GATX India. The order strengthens the company’s relationship with a global wagon leasing player and supports the growing participation of private operators in India’s railway freight ecosystem.
GATX India operates within the framework of the Indian Railways’ Wagon Leasing Scheme, which allows private companies to acquire and lease wagons for freight transportation on the Indian Railways network. The scheme has created opportunities for wagon manufacturers to supply specialised rolling stock to private fleet owners and leasing companies. The latest contract adds to Jupiter Wagons’ growing business with international wagon leasing companies and reflects demand for specialised, high-payload freight wagons in India.
Vivek Lohia, Managing Director, Jupiter Wagons Limited, said, “This agreement with GATX India further strengthens our position in India’s private wagon leasing landscape and reflects the confidence global players continue to place in Jupiter Wagons’ engineering and delivery capabilities. As leasing companies expand their presence on the Indian Railways network, the demand for specialised wagons such as the BFNS22.9 continues to grow. We remain committed to supporting this evolving ecosystem through consistent execution, robust quality systems, and reliable long-term partnerships.”
The order reinforces Jupiter Wagons’ role as a manufacturing partner for private wagon leasing companies and reflects its ability to produce specialised rolling stock at scale. The company’s integrated manufacturing capabilities and backward integration into foundry operations support its production across multiple categories of railway equipment and mobility products.
Jupiter Wagons has manufacturing facilities in Kolkata, Jamshedpur, Indore, Jabalpur, Bengaluru and Chhatrapati Sambhajinagar. Its product portfolio includes freight wagons, commercial vehicles, ISO marine containers, couplers, draft gears, bogies, CMS crossings, brake discs, brake systems, wheels, axles and wheelsets. The company has partnerships with international players including Tatravagonka of Slovakia, DAKO CZ of the Czech Republic, Kovis of Slovenia and Talleres Alegria of Spain.
With more than four decades of industry experience, the company serves customers across railways, automobiles, transportation, logistics, construction equipment, municipalities, healthcare, energy, mining and infrastructure. Its customer base includes Indian Railways, American railroads, the Indian Ministry of Defence, BEML, Alstom, Tata Motors, GE and Volvo Eicher.
