Mumbai, Feb. 27 -- This order further strengthens Jupiter's position as a leading domestic manufacturer of high-performance railway wheelsets, contributing to India's growing need for self-reliant and advanced mobility solutions.

The company is setting up a world-class production facility in Odisha, which will increase its capacity from the current 20,000 forged wheels and axles annually to an impressive 1,00,000 forged wheelsets per year. The expansion is backed by a Rs 2,500 crore investment, aligning with India's vision to bolster domestic manufacturing and reduce reliance on imports.

Jupiter's total order book now stands at Rs 560 crore, reflecting the company's growing influence in the railway infrastructure sector. The company is ...