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Boost to the rail manufacturing sector! Titagarh Rail forms JV with Amber group to build railway components in India and Italy

Boost to the rail manufacturing sector! Titagarh Rail forms JV with Amber group to build railway components in India and Italy
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France , Titagarh , West-bengal , India , Surat , Gujarat , Ahmedabad , Italy , Pune , Maharashtra , Jasbir-singh , Vande-bharat

Amber Group | Titagarh Rail Systems Limited pact with Amber group for train parts

Under the agreement, TRSL and the Amber group will invest Rs 120 crore to acquire equal control in the special purpose vehicle for setting up the business

Titagarh , West-bengal , India , Bombay , Maharashtra , Italy , Umesh-chowdhary , Titagarh-rail-systems , Titagarh-group , Bombay-stock-exchange-on , Sidwal-refrigeration-industries-pvt-ltd , Titagarh-rail-systems-limited

Titagarh Rail Systems inks deal with Amber group to enter railway component, subsystem biz

Under the pact, TRSL and Amber group, via its wholly owned subsidiary Sidwal Refrigeration Industries Pvt Ltd, will invest up to Rs 120 crore each to acquire equal control in the SPV for setting up the new railway component business as well as fresh equity investment in Firema, Italy.

India , Titagarh , West-bengal , Italy , Titagarh-rail-systems-ltd , Sidwal-refrigeration-industries-pvt-ltd , Titagarh-group , Titagarh-rail-systems , Rail-systems , Titagarh-firema-spa , Titagarh-rail

Titagarh Rail Systems | Titagarh Rail Systems inks deal with Amber group to enter railway component and subsystem business in India and overseas

Under the pact, TRSL and Amber group, will invest up to Rs 120 crore each to acquire equal control in the SPV for setting up the new railway component business as well as fresh equity investment in Italy

Titagarh , West-bengal , India , Italy , Titagarh-group , Titagarh-rail-systems-ltd , Sidwal-refrigeration-industries-pvt-ltd , Calcutta-based-titagarh-rail-systems-ltd , Rail-systems , Titagarh-firema-spa , Titagarh-rail

Italian govt, UAE-based PE firm pick up 44% stake in Titatgarh Wagons European arm Firema

A top corporate official announced on Sunday that the Italian government and a private equity firm located in the UAE had acquired about 44% of the completely owned subsidiary Firema SpA of Titagarh Wagons.

Titagarh , West-bengal , India , Kolkata , Italy , Italian , Umesh-chowdhary , Titagarh-group , A-titagarh-group , Firema-spa , Hawk-eye

Italy's Invitalia considers stake acquisition in Titagarh's Firema

The Italian Government is reportedly looking to purchase a stake in Indian railway wagon manufacturer Titagarh Wagons’ Firema.

Italy , India , Pune , Maharashtra , Italian , Titagarh-firema , Umesh-chowdhary , Contact-measuring-systems-for-the-railway-industry , Titagarh-group , Railway-vehicle-shock-absorbers , Italian-government , Titagarh-wagon

Italian govt to acquire over 20% stake in Titagarh Wagons subsidiary Firema

Invitalia, the Italian government's investment promotion agency, is likely to acquire 20-30% stake in Firema

Italy , Italian , Titagarh-wagons , Italian-govt , Investment , Italian-govt-to-acquire-stake-in-firema-spa , Titagarh-wagonss-fully-owned-subsidiary-firema-spa , Firema , Invitalia , Titagarh-group ,

Titagarh Wagons Ltd (TWL) - Titagarh Wagons in talks with Italy for support to European operations

The company is 'negotiating' with the Italian government for some financial and strategic support to grow at a rapid pace

Italy , Pune , Maharashtra , India , Italian , Titagarh-firema , Neena-malhotra , Umesh-chowdhary , Luigi-di-maio , Firema-trasporti , Titagarh-group , International-cooperation

Titagarh Wagons in talks with Italy for support to European ops

As of now, we expect the Italian operation will be EBITDA positive in 2022-23 and the next year, we will be net positive, Titagarh Group vice-chairman and managing director Umesh Chowdhary told PTI in an interview.He said the company is negotiating with the Italian government for some financial and strategic support to grow at a rapid pace.Titagarh Wagons was awarded an order for the design, manufacture and supply of 102 coaches for Pune Metro in 2019 and is executing the project.

Italy , Pune , Maharashtra , India , Italian , Titagarh-firema , Neena-malhotra , Umesh-chowdhary , Luigi-di-maio , Firema-trasporti , Titagarh-group , Titagarh-wagons-ltd

Titagarh Wagons manufactured first aluminium metro train flagged off

Train flagged off by Manoj Joshi, IAS, Secretary -Ministry of Housing and Urban Affairs in Titagarh’s newly set up plant in Uttarpara, West Bengal.

Italy , India , Uttarpara , West-bengal , Pune , Maharashtra , Italian , Titagarh-firema , Maha-metro , Narendra-modi , Atmanirbhar-bharat , Sunil-mathur