Mumbai, June 11 -- These sets have been inspected and approved by RITES, the Indian government's railway inspection agency. Each wagon wheel set includes two forged wheels and one forged axle, with each railway coach or wagon requiring four such sets.
As part of the 'Make in India' initiative, Hilton aims to reduce dependence on Chinese imports and cater to the growing domestic demand. The company plans to manufacture over 3,000 wheel sets in FY26, scaling up to more than 12,000 in FY27, with an installed capacity target of 20,000 wheel sets per year.
This expansion aligns with the Government of India's emphasis on increasing the share of freight transport via rail from 27% to 45% by 2030. With 98% rail route electrification and the ong...
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