Jupiter Wagons Limited has announced a strategic transformation of its subsidiary, changing the company’s name from Bonatrans India Private Limited to Jupiter Tatravagonka Railwheel Factory Private Limited.
In addition, Jupiter Wagons has revealed significant capacity expansion plans for this subsidiary, with the establishment of a new facility featuring state-of-the-art production lines for forged wheelsets. The new plant, located in Odisha, will increase the annual production capacity of Jupiter Tatravagonka Railwheel Factory Private Limited from the current 20,000 forged wheelsets per annum to 100,000 forged wheelsets per annum by an investment of approximately Rs 25 billion.
The facility is expected to be fully operational by calendar year 2027. Once completed, it will serve both domestic and international markets, with approximately 50 per cent of the production capacity dedicated to exports, primarily to its partner Tatravagonka A.S. and other European players. This move aligns with the company’s strategy to support the “Make in India” initiative, boosting India’s manufacturing capabilities and strengthening the company’s role in the global supply chain.