Titagarh Rail Systems has received a ₹273.24-crore order from Indian Railways for the supply of 62 Rail Borne Maintenance Vehicles (RBMVs), boosting investor interest in the stock.
The contract covers design, manufacturing, testing, commissioning, training of railway staff, and after-sales support, including maintenance and breakdown services.
Deliveries are scheduled over a 48-month period. The specialised self-propelled vehicles will be used for track inspection and maintenance, helping improve safety and efficiency across the rail network.
This is Titagarh Rail’s first major order in the maintenance and safety equipment segment, marking a strategic expansion beyond its core rolling stock business.