"Jupiter Wagons Completes Acquisition of Bonatrans India for Rs. 271 Crore"

In a strategic move, Jupiter Wagons has finalized the acquisition of Bonatrans India (BIPL) for a sum of Rs. 271 crore. This acquisition represents a significant milestone for Jupiter Wagons Limited (JWL), positioning it as the first rolling stock manufacturing company to possess its own wheel plant.

Located in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, BIPL is renowned for its manufacturing of rolling stock wheelsets. With a robust production capacity of 20,000 wheels and 10,000 axles annually, the acquisition is poised to enhance JWL's self-reliance and operational efficiency while mitigating dependence on imported wheels.

BIPL boasts an esteemed clientele including Jupiter Wagons Limited, BEML, Alstom Rail Transportation India, Plasser India, and Titagarh Rail Systems. This acquisition not only strengthens JWL's market position but also expands its capabilities to serve a wider range of clients in the rolling stock industry.

BS