Texmaco Rail & Engineering Bags Domestic Order of ₹36.28 Crore
In a significant development, Texmaco Rail & Engineering Limited has secured a domestic order worth ₹36.28 crore from Transport Corporation of India Limited (TCIL). The 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. This contract is expected to be executed within 24 months, which will further boost Texmaco’s already substantial order book of ₹7,237 crore.
ACT-3 Auto Car Taller Wagons are a new generation of wagons designed to cater to the growing demand for transportation of commercial vehicles, including SUVs, small trucks, and tractors. These wagons are equipped with advanced features such as auto-coupling and uncoupling systems, which ensure safe and efficient transportation of goods. The ACT-3 wagons are also designed to reduce the overall cost of transportation and increase the carrying capacity of goods.
The order from TCIL is a significant milestone for Texmaco Rail & Engineering, as it marks the company’s entry into the transportation of commercial vehicles. The company has been focusing on expanding its product portfolio and diversifying its customer base, and this order is a testament to its efforts.
Commenting on the order, a senior official from Texmaco Rail & Engineering said, “We are delighted to have secured this order from TCIL, a leading logistics and transportation company in India. This order not only reflects the company’s faith in our products and services but also underscores the growing demand for transportation of commercial vehicles in the country. We are committed to delivering high-quality products and services to our customers and are confident that this order will further boost our growth prospects.”
The order from TCIL is also expected to create new job opportunities for Texmaco Rail & Engineering, as the company will require additional resources to execute the contract. This will not only benefit the company but also contribute to the overall growth of the economy.
In conclusion, the order from TCIL is a significant development for Texmaco Rail & Engineering, reflecting the company’s commitment to quality, innovation, and customer satisfaction. With this order, the company has further strengthened its position in the Indian railway industry and is well on its way to achieving its growth targets.
