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Titagarh Rail Eyes Significant Growth in Passenger Rail Systems

Titagarh Rail Eyes Significant Growth in Passenger Rail Systems

Siddharth Zarabi
Siddharth Zarabi
  • New Delhi ,
  • May 20, 2024,
  • Updated May 20, 2024, 1:24 PM IST

 

Prithish Chowdhary, Deputy MD of Titagarh Rail Systems, shares the company's ambitious 5-Year Growth Outlook. He highlights a significant potential for growth in passenger rail systems, predicting a sharp increase in this segment. Within a few years, 65% of Titagarh's total revenue is expected to come from passenger rail systems, a major shift from the current revenue mix, which is predominantly driven by the freight segment. This strategic focus marks a pivotal change in Titagarh Rail’s business approach, positioning the company for robust growth in the passenger rail market.

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