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‘Our wagon orderbook is strong’

DNMUM429709 | 1/10/2019 | Author : Swati Khandelwal | WC :587

India Inc Speaks
Zee Business
Umesh Chaudhary, vice chairman & managing director, Titagarh Wagons, in an interview with Swati Khandelwal of Zee Business, talks about the slowdown in order in wagon segment, expectations from international/overseas subsidiaries and opportunities in the Metro projects.
There was a slowdown in wagon order inflow last year. Can you see any pick-up in demand from Indian Railways and private sector?
Yes, but not just in last one year as our order book has been under stress for the last 4-6 years. In 2010-11, our total output was around 4,000-4,500 wagons, which has gone down to 400-500 wagons due to an absence of orders from both the Indian Railways and the private players. However, the demand from both
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