Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering Ltd has secured a domestic order worth ₹36.28 crore from Transport Corporation of India Ltd (TCIL). The order is for the supply of two rakes of 54 newly developed ACT-3 Auto Car Taller Wagons, designed to transport SUVs, small trucks, and tractors. This latest contract is expected to be executed within 24 months, bolstering Texmaco’s existing order book of ₹7,237 crore.
The ACT-3 Auto Car Taller Wagons are a cutting-edge innovation in the railway wagon industry, offering a unique combination of strength, durability, and flexibility. These wagons are designed to cater to the growing demand for transporting small commercial vehicles, including SUVs, small trucks, and tractors, over long distances. The wagons feature a specialized auto-carrier system that ensures safe and secure transportation of these vehicles, reducing the risk of damage and wear and tear.
The order from TCIL is a testament to Texmaco’s expertise and reputation in the railway wagon manufacturing industry. The company has a long history of delivering high-quality products and services to its customers, and this latest contract is a significant endorsement of its capabilities.
“We are thrilled to have secured this order from TCIL and are committed to delivering the highest quality products and services to our customers,” said a spokesperson for Texmaco Rail & Engineering Ltd. “Our ACT-3 Auto Car Taller Wagons are designed to meet the evolving needs of the transportation industry, and we believe that they will play a key role in enhancing the efficiency and productivity of our customers’ operations.”
The order book of ₹7,237 crore is a significant milestone for Texmaco, and this latest contract with TCIL is expected to contribute substantially to the company’s revenue growth in the coming months. The order book is a reflection of the company’s strong market position, its reputation for delivering high-quality products, and its ability to meet the evolving needs of its customers.
In recent years, the railway wagon industry has experienced significant growth, driven by the increasing demand for transportation services and the need for efficient and cost-effective solutions. The industry has seen a growing trend towards the adoption of advanced technologies and innovative solutions, and Texmaco has been at the forefront of this trend.
The company has been investing heavily in research and development, and its commitment to innovation has enabled it to stay ahead of the competition. The development of the ACT-3 Auto Car Taller Wagons is a testament to Texmaco’s dedication to innovation and its ability to respond to the evolving needs of its customers.
In conclusion, the order from TCIL is a significant development for Texmaco Rail & Engineering Ltd, and it is expected to boost the company’s revenue growth in the coming months. The ACT-3 Auto Car Taller Wagons are a cutting-edge innovation in the railway wagon industry, and they are expected to play a key role in enhancing the efficiency and productivity of TCIL’s operations.
