| Freight Rail Systems | Manufacture and supply of freight wagons, steel castings, forged wheels, bridges, and defense-related railway equipment | Strong government relationships, registered defense manufacturer, technological expertise, scale of production | Indian Railways, private freight operators, defense sector (B2B) | Specialized wagons, forged wheels with proprietary designs | 3610 | 93 | Sales contracts, project execution to Indian Railways and private logistics firms | Project-based contracts, OEM sales | Dedicated freight corridors expansion, logistics demand increase, Make in India initiatives | Titagarh Wagons, Ramkrishna Titagarh Rail Wheels |
| Passenger Rail Systems | Manufacture of passenger coaches, metro trains, EMUs, traction motors, and train electrical systems | JV with international player Firema, proprietary train designs, focus on innovation and indigenous products | Metro rail corporations, Indian Railways (B2B) | Advanced metro trains, traction motors production | 257 | 7 | Sales and maintenance contracts with metro corporations and Indian Railways | Project and long-term AMC contracts | Urban metro expansions, Vande Bharat train contracts, propulsion system demand | Titagarh Firema, Vande Bharat sleeper trains, Metro rolling stock |
