Jupiter Wagons acquires Bonatrans India for <span class='rupeeNews'>R<span>s</span></span> 271 cr

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Jupiter Wagons acquires Bonatrans India for Rs 271 cr	Share Back
(21 Mar 2024)
Jupiter Wagons has acquired Bonatrans India (BIPL) for a sum of Rs. 271 crore. This strategic move marks a significant milestone for JWL, positioning it as the first rolling stock manufacturing company to have its own wheel plant. BIPL, situated in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, stands as a distinguished manufacturer of rolling stock wheelsets. With a production capacity of 20,000 Wheels and 10,000 Axles annually, the acquisition promises to bolster JWL's self-reliance and operational efficiency while reducing dependency on imported wheels. BIPL's esteemed clientele includes JWL, BEML, Alstom Rail Transportation India, Plasser India and Titagarh Rail Systems.
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