Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering 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 contract is expected to be executed within 24 months, which will significantly boost Texmaco’s order book of ₹7,237 crore.
The ACT-3 Auto Car Taller Wagons are specially designed to transport a wide range of vehicles, including SUVs, small trucks, and tractors. These wagons are equipped with advanced features that ensure safe and efficient transportation of these vehicles. The order from TCIL is a testament to the quality and reliability of Texmaco’s products, and the company’s expertise in designing and manufacturing rail wagons.
Texmaco Rail & Engineering is a leading player in the Indian rail industry, and this order is a significant milestone for the company. The order book of ₹7,237 crore is a reflection of the company’s strong presence in the domestic market and its ability to secure large-scale contracts. The company’s focus on innovation and customer satisfaction has enabled it to build strong relationships with its clients, including TCIL.
The ACT-3 Auto Car Taller Wagons are designed to meet the specific needs of the Indian rail industry, which is characterized by a growing demand for transportation of vehicles. The Indian government’s initiatives to promote the automotive industry, such as the “Make in India” campaign, have led to an increase in the demand for transportation of vehicles. The ACT-3 wagons are well-suited to meet this demand, and Texmaco’s order from TCIL is a reflection of the growing demand for these wagons.
The order from TCIL is also a significant development for the Indian rail industry, which is undergoing a transformation to improve its infrastructure and services. The Indian government has launched several initiatives to modernize the rail industry, including the development of high-speed rail corridors and the introduction of new technologies. The order from TCIL is a reflection of the growing demand for rail services in India, and the need for companies like Texmaco to invest in new technologies and infrastructure to meet this demand.
In conclusion, Texmaco Rail & Engineering’s order from TCIL is a significant development for the company and the Indian rail industry. The order is a testament to the company’s expertise in designing and manufacturing rail wagons, and its ability to secure large-scale contracts. The ACT-3 Auto Car Taller Wagons are a reflection of the company’s focus on innovation and customer satisfaction, and its ability to meet the specific needs of the Indian rail industry. The order is expected to be executed within 24 months, which will significantly boost Texmaco’s order book of ₹7,237 crore.
