Key Highlights
- Jupiter Wagons secures private-sector orders worth a combined ₹324.04 crore, including applicable taxes.
- GATX India issues a Letter of Intent worth ₹214.94 crore for 270 ACT2 wagons across 10 rakes.
- Chetak International places a ₹109.10 crore order for 135 ACT2 wagons across five rakes.
- The two orders cover 405 ACT2 automobile carrier wagons across 15 rakes.
- Jupiter Wagons recently received a ₹1,140 crore Railway Board order for 2,583 wagons.
Jupiter Wagons Limited (JWL) has secured private-sector orders worth over ₹324 crore, including a Letter of Intent (LOI) from GATX India Private Limited and an order from Chetak International Private Limited for the manufacture and supply of ACT2 automobile carrier wagons.
The orders comprise 15 rakes of ACT2 wagons, covering a total of 405 wagons. The company disclosed the development in a regulatory filing dated November 2, 2026.
GATX India has issued a Letter of Intent for 10 rakes comprising 270 ACT2 wagons, with an order value of ₹214.94 crore. Separately, Chetak International has placed an order for five rakes comprising 135 ACT2 wagons, valued at ₹109.10 crore.
The combined value of the two orders is ₹324.04 crore, including applicable taxes.
Jupiter Wagons Receives Orders for 405 ACT2 Wagons
Under the agreement with GATX India, Jupiter Wagons will manufacture and supply 270 ACT2 wagons across 10 rakes. The Letter of Intent is valued at ₹214.94 crore, including taxes.
The separate order from Chetak International covers the manufacture and supply of 135 ACT2 wagons across five rakes, with a total value of ₹109.10 crore.
Both orders relate to the company’s ACT2 automobile carrier wagon platform and add to its business from private-sector customers, including wagon-leasing and logistics operators.
₹1,140 Crore Indian Railways Order Adds to Order Book
The latest private-sector orders come alongside Jupiter Wagons’ business from Indian Railways. According to the company, it recently received an order worth ₹1,140 crore from the Railway Board for the supply of 2,583 wagons.
The two new orders, together with the Indian Railways contract, reflect demand from both government and private-sector customers for railway freight equipment.
The company stated that it is focused on expanding manufacturing capacity and executing orders to meet demand across India’s rail freight and logistics sector.
Management Commentary
Vivek Lohia, Managing Director of Jupiter Wagons Limited, said the orders reflect demand for the company’s ACT2 platform among private wagon-leasing and logistics operators.
He also highlighted demand from both Indian Railways and private-sector customers as freight transportation increasingly shifts towards rail. According to the company, a diversified customer base provides greater order visibility while supporting its manufacturing and execution plans.