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JUPITERWAGONLIMITED
*Jupiter Wagons Limited (JWL), a leading provider of comprehensive mobility solutions spanning rail, road, and marine transportation, proudly declares acquisition of Bonatrans India Private Limited (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 Ltd., Alstom Rail Transportation India Pvt. Ltd., Plasser India Pvt. Ltd., and Titagarh Rail Systems Ltd.