Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a major development, Texmaco Rail & Engineering Ltd has secured a domestic order worth ₹36.28 crore from Transport Corporation of India (TCIL). The 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. This significant contract is expected to be executed within 24 months, and it will have a substantial impact on 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, designed to cater to the growing demand for transportation of lightweight vehicles. These wagons are equipped with advanced features such as auto-couplers, auto-unloaders, and axle counters, making them an attractive option for transporters and logistics companies.
The order from TCIL is a testament to Texmaco’s commitment to innovation and customer satisfaction. The company has been at the forefront of the railway wagon industry, providing high-quality products and services to its clients. The ACT-3 Auto Car Taller Wagons are a significant addition to Texmaco’s product portfolio, and they are expected to revolutionize the way lightweight vehicles are transported in the country.
The contract with TCIL is also a major boost to Texmaco’s order book, which currently stands at ₹7,237 crore. The company has been aggressively pursuing new orders and expanding its product offerings to stay ahead of the competition. With this order, Texmaco has taken a significant step towards achieving its growth targets and increasing its market share in the railway wagon industry.
Texmaco’s order book has been steadily growing over the past few years, driven by the company’s focus on innovation and customer satisfaction. The company has been investing heavily in research and development, and it has come up with innovative products and solutions that meet the evolving needs of its clients. The ACT-3 Auto Car Taller Wagons are a prime example of this commitment to innovation, and they are expected to be a game-changer in the railway wagon industry.
The order from TCIL also highlights the growing demand for transportation of lightweight vehicles in the country. The Indian logistics industry is growing rapidly, driven by the expansion of e-commerce, automotive, and other sectors. The demand for specialized transportation solutions is increasing, and companies like Texmaco are well-positioned to capitalize on this trend.
In conclusion, the order from TCIL is a significant development for Texmaco Rail & Engineering Ltd. The company has secured a major contract worth ₹36.28 crore for the supply of ACT-3 Auto Car Taller Wagons, which is expected to be executed within 24 months. This order will have a substantial impact on Texmaco’s order book, and it will help the company to stay ahead of the competition in the railway wagon industry.
