Umesh Chowdhary

"TWL and ABB India will work together to design, develop and manufacture state of the art three-phase IGBT based propulsion systems for EMU/MEMU coaches which would be manufactured in Titagarh's plant at Uttarpara, Kolkata with certain components being supplied by ABB."

Setting up of Rail Development Authority may lead to more orders: Titagarh Wagons

Railway related companies are buzzing in trade today after the government approved setting up of Rail Development Authority.

See a pickup in wagon demand in coming years: Titagarh Wagons

The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.

Low procurement rate may impact Railway projects: Titagarh

Speaking to CNBC-TV18, Umesh Chowdhary, VC &MD of Titagarh Wagons said that the Railways might not be able to achieve its targets due to low procurement rates.

Aim to grow defence biz; see higher wagon orders:Titagarh Wagons

Umesh Chowdhary, Vice Chairman and Managing Director, Titagarh Wagons is confident of wagon orders improving on the back of government‘s investment focus on railways.

Rail Budget 2016: Would watch out for allocation hike in railway capex, says L&T

In a CNBC-TV18 interview, Umesh Chowdhary, VC & MD, Titagarh Wagons and Rajeev Jyoti, Chief Executive, Railway Business, L&T shared their expectations from the Rail Budget 2016.

Railway Budget 2016-17: Dynamic freight policy will be +ve for rlys, says Titagarh

Freight revenue should be focused in this Budget as its market share has fallen from 80 percent to 30 percent, says Umesh Chowdhary, VC and MD of Titagarh Wagons.

Will benefit indirectly from IR locomotives order: Titagarh

While Titagarh Wagons has not won any order, VC and MD of the company Umesh Chowdhary says for each locomotive that IR buys, it has to buy hundreds of wagons. "So the fallout of this order will be phenomenal, and hence it is a very positive news for the company," he told CNBC-TV18

Deliveries of MEMU to aid revenues in Q3, Q4: Titagarh

The company‘s prototype of Mainline Electric Multiple Unit (MEMU) has got approved and deliveries have started in Q3, said Umesh Chowdhary, VC & MD, Titagarh Wagons.

Making It Big: Man behind the success of Titagarh Wagons

Watch CNBC-TV18‘s HSBC- Making it Big to know the vision and strategy of Titagarh Wagons in building up its name. The core strategy of this group is to acquire sick companies at rock-bottom price and then turn it around quickly.

Railways orders to improve going forward: Titagarh Wagons

Titagarh Wagons had zero wagon and coach sales in the June quarter as it refused to match the low rates quoted by a competitor, that the Indian Railways expected it to, says the company's Vice Chairman and Managing Director Umesh Chowdhary

Titagarh Wagons acquires Italy's Firema Trasporti

Titagarh Wagons said that with this acquisition, its order book "increases from Rs 875 crore by addition of euro 220 million to total above Rs 2,400 crore".

Expect to maintain FY16 margins at 13-17%: Titagarh Wagons

Speaking to CNBC-TV18, Umesh Chowdhary, VC and MD, Titagarh Wagons says Indian railway wagon business does not benefit the company because of the pricing pressure for railways tenders.

French subsidiary to aid wagon exports to Africa: Titagarh

According to Umesh Chowdhary, VC & MD, Titagarh Wagons synergy with its French subsidiary has helped them do away with its dependence of wagon orders from Indian railways alone.

Aim to maintain 13-15% EBITDA margin: Titagarh Wagons

Discussing the results, Umesh Chowdhary, VC & MD, Titagarh Wagons, said the company lost a month of revenue in Q3 as a plant was out of operation. However, he said things are looking positive for both coaches and defence business and even private wagon orders have started pouring in.

Titagarg grp's defence orders stand at Rs 130 cr: Cimmco

Cimmco, which is now a subsidiary of the Titagarh group with the latter holding a 75 percent stake in the company, has been bidding aggressively for defence orders.

Railways must grow to attain 10% GDP growth: Dinesh Trivedi

Umesh Chowdhary, vice-chairman and managing director of Titagarh says Indian railways has many low-hanging fruits and it is possible to see immediate results if these fruits are plucked.