Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering, a leading player in the Indian rail industry, has secured a domestic order worth ₹36.28 crore from Transport Corporation of India (TCIL). This 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.
The ACT-3 Auto Car Taller Wagons are a game-changer in the rail industry, offering a unique combination of features that make them an attractive option for customers. These wagons are designed to ensure safe and efficient transportation of a wide range of vehicles, including SUVs, small trucks, and tractors. The wagon’s advanced features include a unique tilting mechanism, which allows for easy loading and unloading of vehicles, and a robust construction that can withstand the rigors of transportation.
The contract is expected to be executed within 24 months, which will not only boost Texmaco’s order book but also provide a significant revenue stream for the company. The order is valued at ₹36.28 crore, which is a significant addition to the company’s existing order book of ₹7,237 crore.
This order is a testament to Texmaco’s commitment to innovation and customer satisfaction. The company has been at the forefront of rail industry developments, investing heavily in research and development to create products that meet the evolving needs of customers. The ACT-3 Auto Car Taller Wagons are a prime example of this commitment to innovation, offering a unique solution that addresses the specific needs of customers.
The order from TCIL is also a significant milestone for Texmaco, marking a major step forward in the company’s strategy to expand its presence in the domestic market. The company has been focused on increasing its market share in the domestic rail industry, and this order is a major step towards achieving that goal.
Texmaco’s expertise and reputation in the rail industry have earned the company a strong reputation among customers and stakeholders. The company’s commitment to quality, safety, and customer satisfaction has enabled it to build a loyal customer base, and this order from TCIL is a testament to that reputation.
The rail industry is a critical sector for India’s economic growth, and companies like Texmaco play a vital role in supporting this growth. The demand for rail transportation services is increasing rapidly, driven by the growth of the economy, urbanization, and increasing demand for goods transportation. As a result, companies like Texmaco are well-positioned to benefit from this growth trend, and this order from TCIL is a significant step forward in achieving that goal.
In conclusion, Texmaco’s bagging of the ₹36.28 crore order from TCIL is a significant development in the rail industry, marking a major step forward in the company’s strategy to expand its presence in the domestic market. The order is a testament to the company’s commitment to innovation, quality, and customer satisfaction, and it is expected to provide a significant boost to the company’s order book and revenue. As the rail industry continues to grow, companies like Texmaco are well-positioned to benefit from this growth trend, and this order is a significant step forward in achieving that goal.
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