Texmaco Rail & Engineering bags domestic order of ₹36.28 crore
In a significant development, Texmaco Rail & Engineering 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 contract is expected to be executed within 24 months, boosting Texmaco’s ₹7,237 crore order book.
The ACT-3 Auto Car Taller Wagons are a unique type of wagons designed to transport heavy vehicles such as SUVs, small trucks, and tractors. These wagons are equipped with advanced features such as automatic coupling and uncoupling, and are designed to provide a safe and efficient transportation solution. With this order, Texmaco has further solidified its position as a leading player in the Indian rail wagon manufacturing industry.
The order is a significant milestone for Texmaco, as it marks the company’s entry into the transportation of heavy vehicles. The company has been focusing on diversifying its product portfolio and expanding its customer base, and this order is a testament to its efforts. The contract is also a significant win for Texmaco, as it showcases the company’s ability to design and manufacture complex and innovative products.
The Transport Corporation of India (TCIL) is one of the largest logistics companies in India, and this order is a significant step forward for Texmaco in terms of its partnership with the company. TCIL has a large fleet of vehicles, and this order will enable Texmaco to provide a reliable and efficient transportation solution for the company’s heavy vehicles.
Texmaco’s order book now stands at ₹7,237 crore, with the company having secured orders from various clients across the country. The company’s order book has been growing steadily over the past few years, driven by its focus on innovation, quality, and customer satisfaction. With this order, Texmaco is well-positioned to continue its growth trajectory and maintain its position as a leading player in the Indian rail wagon manufacturing industry.
The contract is also expected to create employment opportunities for the company’s employees, as it will require the deployment of additional resources to fulfill the order. The company has a strong commitment to its employees and has been investing heavily in their training and development. With this order, Texmaco is expected to create new job opportunities and provide a boost to its employee base.
In conclusion, Texmaco Rail & Engineering’s order of ₹36.28 crore from Transport Corporation of India (TCIL) is a significant development for the company and the Indian rail wagon manufacturing industry. The order is a testament to Texmaco’s innovative products, quality, and customer satisfaction, and marks the company’s entry into the transportation of heavy vehicles. With this order, Texmaco is well-positioned to continue its growth trajectory and maintain its position as a leading player in the industry.
