Jujhar Logistics Limited (BSE: 534796) has announced an investment of ₹329.53 crore through its subsidiary for the procurement of 15 rakes of Greater Height Auto Carrier Wagons, comprising ACT 1 and ACT 3 types.
The company has placed a purchase order with Texmaco Rail & Engineering Ltd. for the manufacture and supply of 434 auto carrier wagons. The investment is expected to significantly strengthen Jujhar Logistics’ vehicle transportation capabilities while contributing to growth in revenue and cargo volumes.
The investment forms part of the company’s broader expansion strategy to scale up its automobile logistics operations and increase its presence in rail-based vehicle transportation.
The ACT 1 and ACT 3 wagons have been specifically designed to meet the evolving transportation requirements of the automobile industry. Developed in line with international best practices within the Double Stack Dwarf Container profile, the wagons will facilitate the transportation of both regular passenger cars and SUVs on both decks.
The enhanced design is expected to improve rail transportation capacity for automobiles, particularly as SUVs account for an increasing share of vehicle production by major automobile manufacturers. This could help increase the rail modal share in automobile logistics.
As part of its commitment to sustainable logistics, Jujhar Logistics has also been investing in CNG-powered vehicles and plans to transport automobiles for major original equipment manufacturers (OEMs) through the railway network.
Rail-based automobile transportation offers several environmental and operational advantages, including reduced road congestion, lower fuel consumption and decreased carbon emissions compared with conventional road transportation.
The latest investment marks another step in Jujhar Logistics’ efforts to expand its multimodal vehicle logistics capabilities while supporting more efficient and environmentally sustainable transportation solutions.