Company type | Subsidiary |
---|---|
Industry | Rail transport |
Founded | 1978 |
Defunct | 2017 |
Headquarters | Patna, Bihar, India |
Area served | Worldwide |
Products | Locomotives High-speed trains Intercity and commuter trains Trams People movers Signalling systems |
Bharat Wagon and Engineering Limited (BWEL) was a Public Sector Undertaking (PSU) of the Government of India as a subsidiary of Bharat Bhari Udyog Nigam. The company was established on 4 December 1978 after taking over and merging two sick companies - Arthur Butler & Co and Britannia Engineering Company.[1]
At one time, BWEL was the largest rail wagon manufacturer in India. In fiscal 2006, the company enjoyed aggregated revenues of ₹154.4 million (US$1.9 million).[2][3]