Jupiter Wagons wins two orders worth Rs 324 cr for its ACT2 wagons

Jupiter Wagons (JWL) has secured fresh private sector business worth over Rs 324 crore (incl. GST), comprising a Letter of Intent from GATX India and an order from Chetak International , both for its new-design ACT2 wagon platform.

Jupiter Wagons has received a Letter of Intent from GATX India, a leading rail leasing company, for the manufacture and supply of 10 rakes of ACT2 wagons, comprising 270 ACT2 wagons. The Letter of Intent is valued at Rs 214.94 crore.

Separately, the Company has received an order from Chetak International for the manufacture and supply of 5 rakes of ACT2 wagons, comprising 135 ACT2. The order is valued at Rs 109.10 crore.

These wins reinforce the growing traction for Jupiter Wagons' new-design, ACT2 platform among private wagon-leasing and logistics operators. They come alongside strong momentum in the Company's Indian Railways business, including its Rs 1,140 crore order from the Ministry of Railways for 2,583 wagons, giving Jupiter Wagons a diversified and resilient order book balanced across government and private sector demand.