Titagarh Rail Signs 99-Year Lease For Expansion Land In West Bengal

Titagarh Rail Systems Ltd. has signed a 99-year lease agreement with the Governor of West Bengal for nearly 40 acres of land in Uttarpara, the company said in a late Saturday exchange filing. The lease is valued at ₹1.27 billion.

The company plans to use the land to set up additional production infrastructure, including dedicated zones for forming, testing, and commissioning of metro coaches and Vande Bharat trains. The facility will also feature a test track of adequate length to allow dynamic and running tests of all trains prior to delivery.

Located at Mouza Kotrung and Mouza Bhadrakali, the newly leased plot is adjacent to Titagarh’s existing factory and is considered vital for the expansion of its passenger rolling stock business and defence-oriented specialised vehicles, the company said.