We are thrilled to announce Jupiter Wagons’ recent acquisition of Bonatrans India (BIPL). At Rs. 271 crore, we have now positioned ourselves as the 1st rolling stock manufacturer in India to have its own wheelset plant. With a robust production capacity of 20,000 Wheels and 10,000 Axles annually, Jupiter Wagons is set to enhance our self-reliance and operational efficiency while reducing our dependence on imported wheels.
Catch this insightful conversation with Mr. Vivek Lohia, MD at Jupiter Wagons Limited, as he shares the impact of this acquisition of JWL’s valuation and its progress towards the Make in India initiative.
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