Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering Limited, a leading manufacturer of railway wagons and engineering solutions, has secured a domestic order worth ₹36.28 crore from Transport Corporation of India (TCI) Limited. This latest contract is a testament to the company’s growing reputation in the Indian rail industry, and it is expected to contribute significantly to its order book.
As per the agreement, Texmaco Rail & Engineering will supply two rakes of 54 newly developed ACT-3 Auto Car Taller Wagons to TCI. These wagons are specifically designed to transport SUVs, small trucks, and tractors, catering to the growing demand for specialized cargo transportation in the country.
The contract is expected to be executed within a period of 24 months, further boosting Texmaco’s order book, which currently stands at ₹7,237 crore. This development is significant for the company, as it not only enhances its revenue prospects but also underscores its commitment to delivering innovative and customer-centric solutions to the rail industry.
The ACT-3 Auto Car Taller Wagons are a recent addition to Texmaco’s product portfolio, and they have been designed to meet the evolving needs of the Indian rail sector. These wagons are equipped with advanced features, including automated car taller systems, which enable efficient and safe transportation of vehicles. The wagons are also designed to minimize maintenance costs and reduce the carbon footprint of transportation operations.
Commenting on the development, a spokesperson for Texmaco Rail & Engineering Limited said, “We are thrilled to have secured this significant order from TCI, and we are committed to delivering high-quality products and services to our customers. The ACT-3 Auto Car Taller Wagons are a testament to our company’s innovative spirit and our ability to respond to the evolving needs of the rail industry.”
The order from TCI is a significant milestone for Texmaco Rail & Engineering, and it reinforces the company’s position as a leading manufacturer of railway wagons and engineering solutions in India. The company’s focus on innovation, quality, and customer satisfaction has enabled it to build a strong reputation in the industry, and this latest order is a testament to its commitment to delivering exceptional products and services.
In recent years, Texmaco Rail & Engineering has made significant investments in research and development, enabling it to introduce innovative products and solutions to the market. The company’s product portfolio includes a range of railway wagons, including open wagons, covered wagons, and specialized wagons, such as the ACT-3 Auto Car Taller Wagons.
The company’s order book, which currently stands at ₹7,237 crore, is a reflection of its growing reputation in the industry and its ability to deliver high-quality products and services to its customers. The order from TCI is expected to contribute significantly to this order book, further solidifying Texmaco’s position as a leading player in the Indian rail industry.
In conclusion, the order from TCI is a significant development for Texmaco Rail & Engineering, and it underscores the company’s commitment to delivering innovative and customer-centric solutions to the rail industry. The ACT-3 Auto Car Taller Wagons are a testament to the company’s focus on innovation and quality, and they are expected to play a key role in the company’s growth prospects in the coming years.
