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Brinks Report > Blog > Business > Titagarh Rail Signs 99-Year Lease for 40 Acres in West Bengal at ₹127 Crore
Business

Titagarh Rail Signs 99-Year Lease for 40 Acres in West Bengal at ₹127 Crore

Dolon Mondal
Last updated: July 14, 2025 11:18 am
Dolon Mondal
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Trulli

Titagarh Rail has made a bold move. The company just secured a 99-year lease for a 40-acre land parcel in West Bengal. Price tag? ₹127 crore. But this isn’t just any deal. It’s a major play to grow India’s train-making power.

This new land is not far from its current 34-acre factory in Uttarpara. That means faster setup, smoother operations, and better control. It’s like adding a turbo engine to their existing plant.

Trulli

So, what’s the plan for this land? It’s simple. Titagarh Rail will use it to build more metro coaches, more Vande Bharat trains, and even special coaches for India’s defence. The site will have space for manufacturing, testing, and commissioning.

One major feature? A full test track. This track will let Titagarh test every train before it hits the tracks with passengers. That means better safety, better performance, and higher quality.

This isn’t just good for the company. It’s good for India. Our country is investing big in modern rail. With this move, Titagarh Rail is showing that Indian companies are ready to meet that demand.

The company, once known as Titagarh Wagons, has already made a name in freight wagons and passenger trains. They also make ship parts, steel castings, and even bridges. Their products are not only used in India but also exported abroad.

Yes, they saw a dip in profits recently—Q4 FY25 profit dropped 18.36% to ₹64.45 crore. Revenue also slipped slightly. But this land lease shows they’re thinking long-term. They’re building for the future.

After the news, shares of Titagarh Rail rose slightly by 0.17% to ₹931.20 on the BSE. That’s a small nudge, but the real gains might come when this new facility starts rolling out high-speed trains.

This deal isn’t just about land. It’s about ambition. It’s about saying India is ready to build world-class trains, right here at home.

Also Read Oriental Rail Infra Up 1.6% After ₹11.48 Cr Order Win from Indian Railways

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