Texmaco Rail & Engineering Bags Domestic Order of ₹36.28 Crore
In a significant development, Texmaco Rail & Engineering, a leading player in the Indian rail and engineering industry, has secured a major domestic order worth ₹36.28 crore from Transport Corporation of India (TCI). This order is for the supply of two rakes of 54 newly developed ACT-3 Auto Car Taller Wagons, designed to transport a variety of vehicles, including SUVs, small trucks, and tractors.
The contract is expected to be executed within a period of 24 months, which will not only boost Texmaco’s order book but also strengthen its position in the Indian rail and engineering industry. With this order, Texmaco’s order book has now grown to ₹7,237 crore, a significant milestone for the company.
The ACT-3 Auto Car Taller Wagons are a new generation of rail wagons designed to meet the evolving needs of the Indian rail industry. These wagons are equipped with advanced features such as automatic coupling and uncoupling systems, which ensure safe and efficient transportation of goods. The wagons are also designed to cater to the growing demand for transportation of non-bulk goods, such as vehicles, in the country.
The order from TCI is a testament to Texmaco’s expertise in designing and manufacturing high-quality rail wagons that meet the specific requirements of the Indian rail industry. The company’s commitment to innovation and customer satisfaction has enabled it to establish itself as a trusted partner for several leading rail and logistics companies in the country.
Texmaco’s journey to becoming a leading player in the Indian rail and engineering industry has been marked by several milestones. The company has been instrumental in the development of several innovative rail wagon designs, including the ACT-3 Auto Car Taller Wagons, which are designed to cater to the specific requirements of the Indian rail industry.
In recent years, Texmaco has focused on expanding its product portfolio and improving its manufacturing capabilities to meet the growing demand for rail wagons in the country. The company has also made significant investments in research and development to stay ahead of the curve and meet the evolving needs of the Indian rail industry.
The order from TCI is a significant development for Texmaco, and it is expected to have a positive impact on the company’s financial performance in the coming quarters. The order is expected to contribute significantly to Texmaco’s revenue and profitability, and it will also help the company to maintain its market leadership in the Indian rail and engineering industry.
In conclusion, the order from TCI is a significant milestone for Texmaco Rail & Engineering, and it is a testament to the company’s expertise in designing and manufacturing high-quality rail wagons. The order is expected to have a positive impact on the company’s financial performance, and it will also help Texmaco to maintain its market leadership in the Indian rail and engineering industry.
Source:
