Jupiter Wagons, one of India’s leading rolling stock and mobility solutions companies, on Thursday said it has secured an order worth ₹1,140 crore from the Ministry of Railways for the manufacture and supply of 2,583 wagons.
In a stock exchange filing, JWL said building on the present award, it expects incremental order inflows of around ₹2,000 crore in Q4FY27. Alongside its Indian Railways business, its private sector order book remains strong, supported by steady demand from private freight operators, wagon leasing companies and core sector customers.
This balance between government and private demand continues to give the company a diversified and resilient order pipeline, it said.
The sector’s near-term demand outlook is further strengthened by the Ministry of Railways’ recently released tender for the procurement of 5,800 BOBRN wagons.
Commenting on the order, Vivek Lohia, Managing Director, Jupiter Wagons, said, “Indian Railways is adding freight capacity at a scale and pace this country has not seen before, and this order reflects the Ministry’s continued confidence in our ability to deliver. Over the years, we have integrated backward across the wagon value chain, from castings and bogies to couplers and brake systems, and we are now extending this to wheelsets through our facility in Odisha. That gives us greater control over cost, quality and delivery timelines.”
The order supports the Centre’s objective of raising the Railways’ share of freight movement under the National Rail Plan. Large-scale wagon procurement, together with the dedicated freight corridors and PM Gati Shakti, are central to building a faster, more efficient and self-reliant freight network for the country.
Published on October 29, 2026
