Published On:March 13 2024
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"Jupiter Wagons Secures Rs. 957 Crore Contract from Ministry of Railways for BOSM Wagon Manufacturing and Supply"

Jupiter Wagons, a leading provider of comprehensive mobility solutions covering rail, road, and marine transportation, has announced a significant milestone with the acquisition of a Rs 957 crore contract from the Ministry of Railways (Railway Board) for the manufacturing and supply of BOSM Wagons.

The Ministry of Railways awarded Jupiter Wagons the prestigious manufacturing and supply contract for 2,237 units of BOSM wagons through a letter dated March 6. These wagons are specially designed to facilitate the efficient transport of bulk goods such as coal and ore within the Indian railway network. The initiative is poised to enhance trade efficiency and stimulate economic growth.

With a contract value of Rs 957 crores, this achievement further solidifies Jupiter Wagons' position in the market and underscores its capabilities in handling large-scale projects. Committed to innovation, efficiency, and customer satisfaction, Jupiter Wagons is prepared to execute the order diligently while upholding the highest standards of quality and safety.

Mr. Vivek Lohia, Managing Director of Jupiter Wagons, expressed gratitude for the Ministry of Railways' decision, stating, "We are deeply honored by the Ministry of Railways' trust in us for this esteemed project. This significant order reaffirms our reputation as a reliable partner in the railway industry. We are dedicated to supporting the nation's railway modernization efforts and look forward to contributing meaningfully to India's railway infrastructure advancement."

Jupiter Wagons extends sincere appreciation to the Ministry of Railways for their continued confidence and support. The company remains committed to advancing India's railway infrastructure and is eager to deliver value through this partnership.

EQUITYBULLS





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