Amtek Auto To Make 5,000 Wagons For Railways

New Delhi: Amtek Auto Ltd, the Rs 1,000-crore plus auto parts maker that struck an equal alliance with a leading North American wagon supplier American Rail Car Industries, said that it will establish a capacity to produce 5,000 wagons. The proposed capacity will be primarily to supply to the Indian Railways. Recently in the Union Budget, the Railways had declared plans to secure 20,000 wagons this year. The two major players Titagarh Wagons and Texmaco individually have the capability to produce around 1,800-2,000 wagons. Amtek, entereing from its component business for automobiles to equipment for railways, surface transport and aero space, is also opening forgings, casting and machining facilities by itself to manufacture components for wagons and other railway application.