Jupiter Wagons Limited (JWL) announced a ₹2,500 crore plan to expand its capacity with a new facility in Odisha, focusing on the production of advanced forged wheelsets. This new plant will increase the production capacity of its subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited (JTRFPL), from 20,000 to 100,000 forged wheelsets annually, with operations expected to begin by 2027.

Additionally, JWL revealed that it has renamed its unit Bonatrans India Private to Jupiter Tatravagonka Railwheel Factory. According to the company, the new plant will cater to both domestic and international markets, with around 50% of its production allocated for export, primarily to its partner Tatravagonka A.S., a Slovakian rail infrastructure company, as well as other European clients.

This initiative aligns with the “Make in India” campaign, enhancing India's manufacturing capabilities and reinforcing JWL's position in the global supply chain. The railway infrastructure company anticipates that this project will strategically enhance its business model and improve its profit margins. "This investment reflects our commitment to innovation and excellence as we strive to deliver world-class products to international markets," said Vivek Lohia, Managing Director of Jupiter Wagons.