Sona Comstar has recently acquired Escorts Kubota's railway equipment division for Rs 1,600 crore. This strategic move is expected to significantly boost earnings and open up new growth opportunities for Sona Comstar.

The railway equipment division, which is a leading supplier of components for railways including brakes and suspension systems, generated revenues of around Rs 950 crore in FY24. This acquisition aligns with Sona Comstar's goal of expanding into the broader mobility sector and enhancing its clean mobility product offerings. It marks a significant step for Sona Comstar in strengthening its position in the mobility market.

With this acquisition, Sona Comstar aims to leverage the expertise and capabilities of Escorts Kubota's railway equipment division to further enhance its product portfolio and cater to the evolving needs of the mobility industry.