By Ashok Punatar Mob: 9820746494 Email: email@example.com
The Ambassador of France to India H. E. Mr. François RICHIER has conferred the insignia of the French Chevalier de l’Ordre National du Mérite (Knight in the Order of Merit) on Mr. Umesh Chowdhary , Vice Chairman and Managing Director, Titagarh Group of companies.
The Vice Chairman and Managing Director of the Titagarh Group, is well known and deeply respected in France for his contribution in turning around one of the key wagon making Industries in France through his leadership at TWL engineering group in India.
Mr. Chowdhary has been actively involved in guiding the turnover of the company and from initial revenue of 10 crores estimated in the first year of operation, the company has clocked revenue of 325 crores in the previous financial year and has a very healthy order book. In 2013 Titagarh Wagons AFR S.A. (TWAFR), the French subsidiary of Titagarh Wagons Ltd (TWL) bagged an order from French Railways for 400 hopper cereal wagons worth Euro 39 million (around Rs. 275 crore). In the process Mr. Chowdhary has maintained a very close contact and relationship with all stakeholders and has also had the opportunity to interact with French President François HOLLANDE about Titagarh’s ventures in France.
During the process of this journey Mr. CHOWDHARY has gained a lot of respect and trust from the authorities and as a result of which the French Republic has appointed Mr. CHOWDHARY as ‘Chevalier de l’Ordre National du Mérite’ (Knight in the National Order of Merit), which is one of the highest civilian order awarded to any foreign national, as a recognition of his outstanding and zealous contribution to the bilateral ties between India and France in the economic area.
With this award Mr. CHOWDHARY joins a very elite club of members of the Order such as King Willem-Alexander of the Netherlands, King Juan Carlos I of Spain, Queen Sonja of Norway, Marshal Josip Broz Tito statesman (Yugoslavia), former Prime Minister of Nepal Surya Bahadur Thapa, who have also been awarded this honour.
Titagarh Wagons was incorporated in 1997 as one of the start ups in the wagon manufacturing field and has emerged to be one of the largest wagon manufacturing group in India and in the Western Europe.
Today Titagarh group is concentrating on various verticals which are
3. Agricultural Equipment
Railways – From making wagons for the Indian and European markets , Titagarh is entering into various international markets and has supplied wagons to Bangladesh, Myanmar and other African countries in the recent past. Titagarh France , has historically been a supplier of wagons to various African countries, particularly the francophonies. The synergy between India and Titagarh France, in terms of design and manufacturing, will help the group in making an impact in the international market. Titagarh has also forayed into manufacturing of passenger coaches in 2007 and is now an established coach manufacturing company in India , with a capacity to produce upto 3 rakes of EMUs and 60 passenger coaches a month. Titagarh intends to enhance its presence in this field and enter the Metro, monorail and high speed market in due course. Apart from the above , the group is also a leading manufacturer of cast manganese steel crossings, bogies and coupling system for the international markets.
Defence – Titagarh Group’s subsidiary Cimmco Ltd, is ideally suited to cater to the various defence manufacturing projects. Cimmco has a 200 acre facility in the NCR region which Titgarh group intends to leverage for manufacturing various defence and defence related products. Titgarh group already manufactures various equipment for the Defence and has now an order book of 130 crores and has participated / been issued RFI’s for many large projects in the Defence arena. Owing to the ‘Make in India’ initiative of the Government of India, the group will be scouting for technology partners in this space to establish a meaningful presence as a defence company.
Agricultural Equipment – Titagarh recently created a subsidiary called Titagarh Agrico Ltd, in order to manufacture agricultural tractors which has received an initial approval from Central Farm Machinery Training and Testing Institute . The group intends to scale up the tractor business over the next few years as it has identified the agricultural belt as one of the potentials growth areas of the country