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Bonatrans to invest Rs 200 cr on wheel factory

Bonatrans to invest Rs 200 cr on wheel factory

With Rs 200 crore foreign direct invesment (FDI) a rail wheel manufacturing factory will be built in Maharashtra's Aurangabad by Bonatrans, a Czech wheel and axle manufacturing company. The Indian Railways, which has already have such a wheel and axle factory in Bangalore, has succeeded to attract the FDI from Bonatrans.