SECTOR
Jupiter Wagons’ arm secures land in Odisha for upcoming Railwheel & Axle forging plant
Apr-03-2025

Jupiter Wagons’ subsidiary -- Jupiter Tatravagonka Railwheel Factory (JTRF) has successfully secured land in Haldiapada, Khordha, Odisha, for its upcoming Railwheel & Axle forging plant. This marks a major milestone in the company’s expansion plans, reinforcing Odisha’s position as a strategic hub for high-tech industrial manufacturing. Notably, JTRF is the first railway heavy engineering industry in Odisha in the private sector.

Jupiter Tatravagonka plans to invest Rs 2,500 crore in phases over the next few years to develop this state-of-the-art facility. The plant is expected to produce 100,000 forged wheelsets annually and will cater to both domestic and international markets, with nearly 50% of production earmarked for exports, primarily to Tatravagonka A.S., a leading Slovakian rail infrastructure company, and other European firms. This project is being implemented via the ‘Invest Odisha’ program under the umbrella of Invest India. The land parcel has been obtained from the IDCO land bank, with statutory MOEF clearances and a clear, undisputable title. The Khordha industrial zone, just 30 km from the airport, has been specially developed by IDCO to attract top-tier MNC projects.

Jupiter Wagons is engaged in the business of manufacturing vehicle bodies for the commercial vehicles industry for Original Equipment Manufacturers (OEMs) engaged in the production of Fully Built Vehicles (FBVs). 

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