Title: Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering, a leading railway wagon manufacturer, has bagged a domestic order worth ₹36.28 crore from Transport Corporation of India (TCI). The order is for the supply of two rakes of 54 newly developed ACT-3 Auto Car Taller (ACT-3) Wagons, designed to transport SUVs, small trucks, and tractors. The contract is expected to be executed within 24 months, further bolstering Texmaco’s already impressive order book of ₹7,237 crore.
ACT-3 Wagons are a revolutionary design in the railway wagon industry, offering a unique and innovative solution for the transportation of a wide range of vehicles. These wagons are designed to accommodate SUVs, small trucks, and tractors in a single rake, reducing the need for multiple wagons and increasing the overall efficiency of the transportation process. The ACT-3 Wagons are equipped with advanced features such as automated car securing, roll-in and roll-out systems, and a robust construction to ensure safe and secure transportation of vehicles.
The order from TCI is a significant win for Texmaco, underscoring the company’s expertise and reputation in the railway wagon manufacturing sector. The contract is also a testament to the growing demand for innovative and efficient transportation solutions in the country. With this order, Texmaco has further strengthened its position as a leading player in the Indian railway wagon industry, with a diverse portfolio of products and services catering to various segments of the market.
The order is also expected to have a positive impact on the company’s financial performance, with the revenue generated from this contract expected to contribute significantly to Texmaco’s top line. The contract is also expected to create employment opportunities and stimulate economic growth in the region where the wagons will be manufactured and assembled.
Texmaco Rail & Engineering is a well-established company with a rich history and a strong track record of delivering high-quality products and services to its customers. The company has a wide range of products and services, including railway wagons, bogies, and other related components. Texmaco has a strong presence in the Indian railway industry, with a significant share of the market in terms of revenue and market share.
The company has a strong commitment to innovation and R&D, with a dedicated team of engineers and technicians working to develop new and innovative products and solutions. Texmaco has also established partnerships with leading companies in the industry, both domestic and international, to enhance its capabilities and stay ahead of the curve in terms of technology and innovation.
In conclusion, the order from TCI is a significant win for Texmaco Rail & Engineering, underscoring the company’s expertise and reputation in the railway wagon manufacturing sector. The contract is also a testament to the growing demand for innovative and efficient transportation solutions in the country. With this order, Texmaco has further strengthened its position as a leading player in the Indian railway wagon industry, with a diverse portfolio of products and services catering to various segments of the market.
