Titagarh Rail Systems has secured a Letter of Acceptance (LOA) worth Rs 2481 crore from Mumbai Metropolitan Region Development Authority (MMRDA). The order is for design, manufacture, supply, installation, integration, testing and commissioning of rolling stock, communication-based signalling & train control, telecommunication, platform screen doors systems and depot machinery & plant including 5 years of Comprehensive Maintenance after 2 years of Defect Liability Maintenance Period for Mumbai Metro Line 5 (Phase 1- Kapurbawadi - Kasheli Dhamankar Naka & Phase 2-Dhamankar Naka Bhiwandi- Kalyan APMC) Mumbai Metro Rail Project of MMRDA.

Titagarh Rail Systems is formerly known as Titagarh Wagons. The company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Steel Castings, Specialised Equipments & Bridges, Ships, Heavy Earthmoving and Mining Equipments, etc.