Texmaco Rail & Engineering Bags Domestic Order of ₹36.28 Crore
In a significant development, Texmaco Rail & Engineering, a leading railway wagon manufacturer, has secured a domestic order worth ₹36.28 crore from Transport Corporation of India (TCI). The order is for two rakes of 54 newly developed ACT-3 Auto Car Taller Wagons, designed to transport a range of vehicles including SUVs, small trucks, and tractors.
The contract is expected to be executed within 24 months, which will significantly boost Texmaco’s order book. The company’s order book currently stands at ₹7,237 crore, showcasing its robust presence in the Indian railway wagon market.
The ACT-3 Auto Car Taller Wagons are specifically designed to cater to the growing demand for transportation of light vehicles in India. These wagons feature advanced technology and innovative design, ensuring efficient loading and unloading of vehicles. The wagons are also equipped with modern safety features, making them an attractive option for transportation companies.
The order from TCI is a testament to the trust and confidence that the company has in Texmaco’s products and services. TCI, one of India’s largest logistics and transportation companies, has been a long-standing customer of Texmaco Rail & Engineering. The company is known for its commitment to delivering high-quality products and services, and this order is a reflection of its reputation in the industry.
Texmaco Rail & Engineering has been at the forefront of the railway wagon manufacturing industry in India for several decades. The company has a strong presence in the country, with a wide range of products and services catering to the needs of the Indian Railways and other transportation companies. Its product portfolio includes high-capacity wagons, tankers, and other specialized wagons designed to meet the specific requirements of various industries.
The company’s order book of ₹7,237 crore is a significant milestone, showcasing its ability to adapt to changing market conditions and customer requirements. The order book is a reflection of the company’s commitment to delivering high-quality products and services, and its ability to meet the evolving needs of its customers.
The Indian railway wagon market is expected to grow significantly in the coming years, driven by the increasing demand for transportation of goods and people. The government’s initiatives to boost infrastructure development, including the expansion of railway networks, are also expected to drive growth in the industry.
In this context, Texmaco Rail & Engineering’s order from TCI is a significant development, reflecting the company’s strong presence in the market and its ability to adapt to changing market conditions. The company’s commitment to delivering high-quality products and services, and its ability to meet the evolving needs of its customers, make it an attractive option for transportation companies looking for reliable partners.
In conclusion, Texmaco Rail & Engineering’s order from Transport Corporation of India is a significant development in the Indian railway wagon market. The order, worth ₹36.28 crore, is for two rakes of 54 newly developed ACT-3 Auto Car Taller Wagons, designed to transport a range of vehicles including SUVs, small trucks, and tractors. The contract is expected to be executed within 24 months, which will significantly boost Texmaco’s order book. The company’s strong presence in the market and its commitment to delivering high-quality products and services make it an attractive option for transportation companies looking for reliable partners.
