MoU sets a framework for cooperation in passenger rolling stock and component localisation
Jupiter Wagons Limited (JWL), a leading rolling stock and mobility solutions company, has signed a Memorandum of Understanding (MoU) with Poland’s Pojazdy Szynowe PESA Bydgoszcz S.A. (PESA) to explore passenger rail opportunities in India and other markets.
Signed during the Polish-Indian Economic Forum in New Delhi, the MoU covers potential cooperation in the development, manufacturing and deployment of passenger rail vehicles for regional, intercity and urban transport applications.
The partnership brings together PESA’s experience in designing, manufacturing and maintaining passenger trains, metros and trams, and JWL’s manufacturing capabilities and established presence in the Indian railway sector. The companies will explore opportunities across metro, semi high-speed and high-speed passenger rolling stock, alongside component localisation.
Commenting on the MoU, Mr Vivek Lohia, Managing Director, Jupiter Wagons Limited, said: “Indian rail is entering a decisive decade, and the companies that lead it will be those that offer complete solutions rather than individual products. That is the direction in which JWL has been building. From wagons and components to castings, wheelsets and allied systems, we are bringing more of the mobility value chain under one umbrella than ever before, and passenger rolling stock is the natural next layer. Together with PESA, we will explore how their experience, combined with our manufacturing depth and understanding of Indian Railways, can deliver world-class, indigenously built passenger trains for India and beyond, firmly in line with the Government of India’s Make in India vision.”
PESA CEO Krzysztof Zdziarski said the collaboration could make India one of the company’s most important markets outside Europe and support its international expansion.
