Bharat Wagon and Engineering Limited (BWEL) is a

Public Sector Undertaking A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government ...

(PSU) of the

Government of India The Government of India ( ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...

and is 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. At one time, BWEL was the largest rail wagon manufacturer in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

. In fiscal 2006, the company enjoyed aggregated revenues of .Company Profile
Financial Statements

Plants

Headquartered in

Patna Patna ( ), historically known as Pataliputra, is the capital and largest city of the state of Bihar in India. According to the United Nations, as of 2018, Patna had a population of 2.35 million, making it the 19th largest city in India. ...

, the company has two manufacturing plants, both located in

Bihar Bihar (; ) is a state in eastern India. It is the 2nd largest state by population in 2019, 12th largest by area of , and 14th largest by GDP in 2021. Bihar borders Uttar Pradesh to its west, Nepal to the north, the northern part of West ...

, one in

Muzaffarpur Muzaffarpur () is a city located in Muzaffarpur district in the Tirhut region of the Indian state of Bihar. It serves as the headquarters of the Tirhut division, the Muzaffarpur district and the Muzaffarpur Railway District. It is the fourth ...

and the other in

Mokama Mokama is a town and a municipal council in barh of Patna district in the Indian state of Bihar. It is located east of Patna on the southern banks of the river Ganges. Mokama is the connecting town of north and south Bihar and has 2nd highest am ...

. Both of these plants are located directly next to railway stations and they come equipped with railway sidings and other facilities such as assured power supply. The MUzaffarpur plant sits on prime urban land in the heart of the city. The Mokama plant, on the other hand, is situated in the middle of a forested area.

Liquidation

In December 2000, the company was referred to Board for Industrial and Financial Reconstruction (BIFR). By this time, The company had been running at loss for many years. It was finally declared as a sick unit in year 2002. The Government of India planned to sell Muzaffarpur plant of the Company in 2002 to the private sector, but could not do so after resistance from employees and trade unions. The administrative control of M/s Bharat Wagon & Engg Co Ltd (BWEL), Patna is transferred from the Department of Heavy Industry,

Ministry of Heavy Industries and Public Enterprises The Ministry of Heavy Industries is an executive agency of the Government of India. The Ministry entails for promoting the engineering industry viz. machine tools, heavy electrical, industrial machinery, and auto industry and administration of ...

to the

Ministry of Railways A Ministry of Railways is a Cabinet department that exists or has existed in many Commonwealth states as well as others. It generally occurs in countries where railroad transportation is a particularly important part of the national infrastructure ...

w.e.f 13 August 2008. In August 2017, on recommendation of

NITI Aayog The NITI Aayog (; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative ...

, the Cabinet Committee on Economic Affairs announced the closure of loss-making BWEL.Bharat Wagon & Engineering & Co to close
''

Railway Gazette International ''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport ...

'' 25 August 2017

References

External links

Official Website
Companies based in Bihar Economy of Bihar Government-owned companies of India Coach and wagon manufacturers of India 1978 establishments in Bihar Indian companies disestablished in 2017 Indian companies established in 1978 {{india-company-stub