Jupiter Wagons Limited has rebranded its subsidiary from Bonatrans India to Jupiter Tatravagonka Rail Wheel Factory. Along with the name change, the company is investing Rs. 2,500 crore to expand its production capacity in Odisha. This new facility will enhance output, streamline operations, and support India’s ‘Make in India‘ initiative.
Strategic Transformation:
Jupiter Wagons Limited announces the rebranding of its subsidiary from Bonatrans India Private Limited to Jupiter Tatravagonka Rail Wheel Factory Private Limited, reflecting its enhanced focus on manufacturing excellence.
Capacity Expansion:
- A new facility in Odisha will increase the production of forged wheelsets from 20,000 to 100,000 per annum by 2027.
- With an investment of Rs. 2,500 crore, this state-of-the-art plant will support both domestic and international markets, further strengthening the company’s position in the global supply chain.
Backward Integration:
- The integration of the forging line will optimise Jupiter Wagons’ manufacturing process, ensuring better quality control and timely availability of critical components.
- This move is expected to boost operational efficiency and margins for the company’s wagon manufacturing business.
Partnerships and Technology:
The contract for the forging technology has been awarded to Schuler Pressen GmbH, a leading German engineering firm, underscoring Jupiter Wagons’ commitment to advanced manufacturing capabilities.
MD Stated:
Mr. Vivek Lohia, Managing Director of Jupiter Wagons, said, “We are excited to announce the transformation of our subsidiary, now named Jupiter Tatravagonka Rail Wheel Factory Private Limited. The investment in a new facility housing state-of-the-art manufacturing technology, positions us for greater growth and efficiency. Jupiter Wagons continues to take bold steps toward a more sustainable, efficient, and globally competitive future for the rail infrastructure manufacturing industry in India. This latest investment underscores our vision of innovation and excellence as we now aim to deliver world-class products to global markets.”
Conclusion:
Jupiter Wagons’ strategic rebranding and ambitious expansion plans are poised to significantly enhance its manufacturing capacity, operational efficiency, and global competitiveness. This development aligns with India’s ‘Make in India’ initiative, positioning the company as a key player in the international rail supply chain.
Source: Jupiter Wagons – Press Release | Images Credit: Jupiter Wagons Limited
