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Titagarh Rail Systems Starts Trainset Production for Bengaluru Metro’s Yellow Line

21 June 20243 mins read by Angel One
Titagarh Rail Systems Limited has begun manufacturing trainsets for Bengaluru Metro's Yellow Line project, marking a significant step in enhancing urban transportation.
Titagarh Rail Systems Starts Trainset Production for Bengaluru Metro’s Yellow Line
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On June 14, 2024, Titagarh Rail Systems Limited (TRSL), a leading Indian train manufacturer, started producing trainsets under a contract with China Railway Rolling Stock Corporation (CRRC). These trainsets are for the Bangalore Metro Rail Corporation Limited’s (BMRCL) Phase 2 Yellow Line project. This achievement highlights Titagarh’s important role in improving urban transportation in India.

The contract between BMRCL and CRRC Nanjing Puzhen Co Ltd, signed in December 2019, faced challenges that caused delays. To fix this, CRRC asked for more time and made a Memorandum of Understanding (MoU) with Titagarh Rail Systems. According to this MoU, Titagarh will build the trainsets at its modern facility in Uttarpara.

Under the agreement with BMRCL, Titagarh will produce 34 of the 36 trainsets needed for the Yellow Line at its advanced facility. Only two trainsets, with 12 coaches, will be made in China. To meet the project’s needs, Titagarh set up a unique stainless steel production line at its facility. Production started on May 18, 2024, and the first trainset is expected to be delivered in August 2024.

Impact on Urban Mobility

The 21-km Yellow Line, running from RV Road to Bommasandra, is a crucial metro route to improve connectivity and reduce traffic in Bengaluru. When completed, this line will significantly enhance city residents’ urban mobility. Titagarh’s role in this significant project highlights its commitment to supporting national infrastructure with reliable transportation solutions.

Titagarh’s impressive manufacturing capabilities allow it to meet diverse transportation needs, solidifying its position as a leader in the rail industry. The company’s ongoing investments in advanced production technologies and dedication to quality and innovation drive its success and contributions to national infrastructure.

About Titagarh Rail Systems Limited

Titagarh Rail Systems Limited is India and Italy’s leading mobility solutions provider. With advanced factories in both countries, it specialises in manufacturing a wide range of passenger and freight rolling stock. Its expertise includes semi-high-speed trains, urban metros, passenger coaches, propulsion systems, and specialized wagons. Their goal is to deliver top-quality products that transform global transportation for people and goods alike.

On June 14, 2024, the share price of Titagarh Rail Systems Limited opened at ₹1,459.85, touching the day’s highest price of ₹1,548.00 as of 02:57 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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