Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering, a leading manufacturer of railway wagons and other rail-related equipment, has secured a domestic order worth ₹36.28 crore from Transport Corporation of India (TCIL). This 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.
The ACT-3 Auto Car Taller Wagons are a recent innovation in the railway wagon industry, and Texmaco Rail & Engineering’s order from TCIL is a testament to the growing demand for these specialized wagons. The contract is expected to be executed within 24 months, and the order is expected to boost Texmaco’s existing order book of ₹7,237 crore.
The ACT-3 Auto Car Taller Wagons are designed to provide a safe and efficient means of transporting SUVs, small trucks, and tractors over long distances. These wagons feature a unique auto-car taller mechanism that allows the wagons to be easily loaded and unloaded, reducing the risk of damage to the vehicles being transported. The wagons also have a higher carrying capacity and can transport heavier vehicles, making them an attractive option for transportation companies like TCIL.
The order from TCIL is significant not only for Texmaco Rail & Engineering but also for the Indian railway wagon industry as a whole. The demand for specialized wagons like the ACT-3 Auto Car Taller Wagons is growing rapidly, driven by the increasing need for efficient and safe transportation of goods over long distances. The order from TCIL is a vote of confidence in Texmaco Rail & Engineering’s ability to design and manufacture high-quality wagons that meet the evolving needs of the transportation industry.
The order is also expected to have a positive impact on the Indian railway wagon industry, as it demonstrates the potential for domestic manufacturers to supply specialized wagons to meet the growing demand for transportation services. The order from TCIL is a testament to the competitiveness and capabilities of Indian manufacturers like Texmaco Rail & Engineering, and it is expected to spur further growth and investment in the industry.
The order book of ₹7,237 crore that Texmaco Rail & Engineering has secured is a significant achievement, and the company’s ability to execute this order is expected to further boost its reputation as a reliable and capable manufacturer of railway wagons. The company’s order book is a testament to its strong relationships with customers and its ability to design and manufacture high-quality wagons that meet the evolving needs of the transportation industry.
In conclusion, the order from TCIL is a significant development for Texmaco Rail & Engineering, and it is expected to have a positive impact on the Indian railway wagon industry as a whole. The ACT-3 Auto Car Taller Wagons are a unique and innovative product that is well-suited to the growing demand for transportation services in India, and Texmaco Rail & Engineering’s ability to design and manufacture these wagons is a testament to its competitiveness and capabilities.
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