Sona Comstar is set to acquire the railway equipment division of Escorts Kubota for Rs 1,600 crore, a move expected to boost earnings from the first year. This division, a key supplier of railway components like brakes and suspension systems, reported revenues of approximately Rs 950 crore in FY24. The acquisition aligns with Sona Comstar's strategy to expand into the mobility sector and enhance its clean mobility product offerings.
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