Titagarh Rail Systems, India's leading manufacturer of railway wagons and coaches, is strategically positioning itself for growth in new sectors, including the development of indigenous Kavach train protection systems and an expansion of its shipbuilding capabilities. The company's Deputy Managing Director, Prithish Chowdhary, revealed to businessline that Titagarh is actively seeking partnerships and "exploring the scope of product development" within its recently established signalling and safety systems division, with a potential focus on Kavach.Earlier in February, Titagarh Rail Systems announced its foray into two new significant verticals: shipbuilding and maritime systems, and signalling and safety systems. This strategic diversification aims to leverage the company's engineering expertise and manufacturing prowess in adjacent high-growth areas.Regarding the signalling and safety systems vertical, Chowdhary indicated a preference for "entering into product development partnerships" specifically for Kavach, India's own automatic train protection system. While acknowledging that product development can be a time-intensive process involving rigorous approvals from railway authorities, Titagarh sees this as a crucial area for future growth and contribution to railway safety.Simultaneously, Titagarh is actively working to significantly ramp up its activities within the shipbuilding vertical. Chowdhary mentioned that the company is currently evaluating potential locations for expansion across various maritime-focused states in India, including West Bengal, Andhra Pradesh, Tamil Nadu, Gujarat, and Maharashtra, with their respective industrial policies being a key consideration in the decision-making process. This expansion underscores Titagarh's commitment to establishing a strong presence in the shipbuilding and maritime sector, mirroring its success in the railway industry. The pursuit of global partnerships in both Kavach development and shipbuilding highlights Titagarh Rail Systems' ambition to leverage international expertise and technologies to accelerate its growth and innovation in these promising new domains.https://newsonprojects.com/news/titagarh-rail-eyes-global-partnerships-for-kavach-and-shipbuilding-expansion (ICE MUMBAI)

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