Jupiter Wagons acquires Bonatrans India becoming 1st Indian rolling Stock maker

Kolkata, Mar 21  Jupiter Wagons Ltd., a leading provider of comprehensive mobility solutions spanning rail, road, and marine transportation, on Thursday, announced the acquisition of Bonatrans India Private Limited (BIPL) for 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," a company statement said.
BIPL, situated in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, stands as a distinguished maker of rolling stock wheelsets. With a production capacity of 20,000 wheels and 10,000 axles annually, the acquisition promised to bolster JWL's self-reliance and operational efficiency while reducing dependence on imported wheels.
BIPL's clientele includes JWL, BEML Ltd., and Alstom Rail Transportation. India Pvt. Ltd., Plasser India Pvt. Ltd., and Titagarh Rail Systems Ltd.
“As we embark on this transformative journey, we are thrilled to announce Jupiter Wagons Limited's acquisition of Bonatrans India.Private Ltd. This strategic move not only strengthens our position as an innovative leader in integrated mobility solutions, but also propel us towards becoming a comprehensive rolling stock manufacturer. With our commitment to excellence and the support of esteemed partners, we are poised to meet the evolving needs of the Indian railway sector while making significant strides in the global market. This acquisition move underscores our unwavering dedication to innovation, efficiency, and customer satisfaction.” company, MD Vivek Lohia said.
As part of the Make in India initiative, JWL is poised to invest an additional 1000 crores over the next two years. These investments will enhance production capacity and drive the plant towards full backward integration. The ultimate goal is to cater to the burgeoning needs of the Indian railway sector, with aspirations to transform it into an export hub, leveraging JWL’s existing esteemed partners.
Following the acquisition, Bonatrans Group, existing shareholders, and leading wheel manufacturer in Europe, will continue its vital role asa minority shareholder, ensuring continuity and synergy within thenewly integrated structure.