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Texmaco Rail & Engineering Ltd and RVNL have joined forces in a joint venture to enhance India's rail manufacturing and infrastructure capabilities. The partnership will cover advanced rolling stock, life cycle maintenance, asset management, and large-scale EPC and turnkey projects domestically and internationally. By combining engineering expertise and global-standard quality, the venture aims to expand into Asia, Africa, and the Middle East, drive innovation, strengthen export potential, and reinforce India's position in the global rail sector.
Texmaco Rail & Engineering Ltd and Rail Vikas Nigam Ltd (RVNL) have recently signed a joint venture agreement aimed at boosting India's rail manufacturing capabilities. The partnership will concentrate on advanced rolling stock, life cycle maintenance, asset management solutions, and large-scale EPC and turnkey infrastructure projects both in India and international markets.
The companies stated that the collaboration leverages their complementary strengths to provide integrated rail solutions combining engineering innovation, cost efficiency, and quality meeting global standards. The venture is expected to actively seek projects across Asia, Africa, and the Middle East, focusing on comprehensive rail manufacturing and infrastructure contracts.
Sudipta Mukherjee, Managing Director of Texmaco Rail & Engineering, mentioned that the joint venture would drive innovation, enhance export competitiveness, and strengthen India's presence in the global rail sector. Saleem Ahmad, Chairman & Managing Director of RVNL, highlighted that this partnership is more than a corporate tie-up; it is a strategic platform to advance national infrastructure, create long-term value, adopt new technologies, and participate in global projects.
Source Reuters
5th Jun, 2025
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