6 days ago
Titagarh and Siemens explore international metro projects together
Titagarh Rail Systems and Siemens agreed to look for metro train projects in other countries.
Their agreement is not yet a final contract.
Titagarh says the partnership could support more train manufacturing in India.
The company had orders worth Rs 26,635 crore at the end of Q1FY27.
It is also working with BHEL to supply Vande Bharat trains.
Titagarh expects to deliver its first Vande Bharat train in late 2026 or early Q4 FY27.
The company is prioritising metro projects in Bangalore and Gujarat before starting a Mumbai prototype.
It plans to make many more coaches each quarter and expand its yearly production capacity.
Titagarh Rail Systems signed a non-binding MoU with Siemens to evaluate international metro rolling-stock opportunities.
The arrangement is intended to strengthen Titagarh’s commitment to local manufacturing in India.
Titagarh’s total order book stood at Rs 26,635 crore at the end of Q1FY27, including joint-venture orders.
The company plans to deliver its first Vande Bharat train by late 2026 or early Q4 FY27 through its BHEL consortium.
Titagarh aims to raise production to 45–50 coaches per quarter in FY27 and build annual capacity above 850 coaches by FY29–FY30.
- Who
- Titagarh Rail Systems and Siemens, with Titagarh also working through a consortium arrangement with Bharat Heavy Electricals Limited.
- What
- They signed a non-binding MoU to jointly evaluate and explore international metro rolling-stock opportunities.
- Where
- The partnership concerns the international metro market, while Titagarh’s referenced projects are in India, including Bangalore, Gujarat and Mumbai.
- When
- The MoU was announced during Titagarh’s Q1FY27 update; the first Vande Bharat delivery is expected by the end of calendar 2026 or the beginning of Q4 FY27.
- Why
- The arrangement is intended to explore international opportunities and strengthen Titagarh’s commitment to local manufacturing in India.
Key facts
- MoU status
- Non-binding agreement between Titagarh Rail Systems and Siemens
- Q1FY27 order book
- Rs 26,635 crore, including Titagarh’s share of joint-venture orders
- Passenger Rail Systems orders
- Rs 10,395 crore
- Freight Rail Systems orders
- Rs 2,470 crore
- First Vande Bharat delivery
- Expected by the end of calendar 2026 or the beginning of Q4 FY27
- Q1FY27 passenger rail contribution
- Passenger Rail Systems contributed 31% of revenue
- Planned production
- 45–50 coaches per quarter during FY27; annual capacity above 850 coaches targeted by FY29–FY30
Quotes
Titagarh Rail Systems management
Company management discussing the sequencing of metro projects
“We are focusing on now, we are intending to complete Bangalore and Gujarat first and get on to the prototyping of Mumbai.”
financialexpress.com
“This arrangement is expected to further strengthen TRSL’s commitment to promote local manufacturing in India.”
financialexpress.com
Sources
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