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Titagarh Wagons expects Rs 2 bn railway order soon
Published on Tue, Nov 10, 2009 at 08:50   |  Updated at Tue, Nov 10, 2009 at 08:56  |  Source : NewsWire18
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By Debjit Chakraborty/Newswire18
Titagarh Wagons is hoping to soon get a new order worth Rs 2 billion from the Indian Railways, which will swell its current order book to Rs 9 billion, Managing Director and Chief Executive Officer J.P. Choudhary said. "As of last week, our order book stood at around Rs 7 billion for supplying wagons to the Railways. We are expecting some fresh orders as well," Choudhary told NewsWire18 on the sidelines of the India Economic Summit organised by World Economic Forum. He said the company hopes to execute most of its current orders by May. "Most of the current orders will be delivered by April-May, unless there are some credit issues," he said.
Copyright NewsWire18 Pvt. Ltd. 2007. All rights reserved.
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