Texmaco Rail & Engineering Bags Domestic Order of ₹36.28 Crore
In a recent development, Texmaco Rail & Engineering, a leading manufacturer of railway wagons, has secured a significant domestic order worth ₹36.28 crore from Transport Corporation of India. This order is for the supply of two rakes of 54 newly developed ACT-3 Auto Car Taller Wagons, designed specifically to transport SUVs, small trucks, and tractors.
The contract is expected to be executed within 24 months, which will significantly boost Texmaco’s order book, currently valued at ₹7,237 crore. This order is a testament to the company’s commitment to delivering high-quality products and services to its clients, and its ability to meet the growing demands of the Indian railway industry.
The ACT-3 Auto Car Taller Wagons are a new generation of wagons designed to cater to the increasing demand for transportation of SUVs, small trucks, and tractors. These wagons are equipped with advanced features such as automatic car taller wagons, which enable efficient loading and unloading of these vehicles. The wagons also have a higher payload capacity, which reduces the number of trips required to transport these vehicles, thereby improving the overall efficiency of the transportation process.
The order from Transport Corporation of India is a significant milestone for Texmaco Rail & Engineering, as it marks the company’s entry into the high-value wagon segment. The company has been focusing on expanding its product portfolio and increasing its market share in the Indian railway industry. This order is expected to boost the company’s revenue and profitability, and further strengthen its position as a leading player in the industry.
The railway industry in India has been witnessing significant growth in recent years, driven by the government’s initiatives to improve the country’s infrastructure and enhance connectivity. The demand for railway wagons is expected to continue to rise in the coming years, driven by the growth of the Indian economy and the increasing focus on transportation and logistics. Texmaco Rail & Engineering is well-positioned to capitalize on this growth, with its range of products and services designed to meet the evolving needs of the industry.
In addition to this order, Texmaco Rail & Engineering has a robust order book, with a total value of ₹7,237 crore. The company has been executing its orders efficiently, with a strong focus on quality and customer satisfaction. This order from Transport Corporation of India is expected to further boost the company’s order book, and provide a strong foundation for its growth in the coming years.
In conclusion, the order from Transport Corporation of India is a significant development for Texmaco Rail & Engineering, and a testament to the company’s commitment to delivering high-quality products and services to its clients. The company’s entry into the high-value wagon segment is expected to boost its revenue and profitability, and further strengthen its position as a leading player in the Indian railway industry.
