Hilton Metal Forging Ltd. announced the launch of new product - Wagon Axle for Railway Wagons. Currently India depends on imports of Wagon Axles to meet shortfall. Under "Make In India" and "AtmaNirbhar Bharat" initiative, Hilton metal forgings will save precious forex and timely delivery to local Railway wagon manufacture.

Looking forward, the company is eyeing substantial business opportunities in the Railway Forged Wagon Wheel sector. With an installed capacity to manufacture 48,000 wheels annually, the company is well-positioned to meet increasing demands of Wheels shortfall and Wagon wheelset supply in future once company starts manufacturing wagon wheelsets post approval from RITES. The company had initiated development of technically specialized product - Railway Forged Wagon wheel business in early 2022 and has supplied over 2,500 units and Rail Gear Blanks within the last 18 months.

Hilton Metal supplies Railway Forged Wagon Wheel for the replacement market across various Indian Railway Workshops in India.