Texmaco Rail Bags ₹24.48 Cr Order from Transport Corp of India

Texmaco Rail & Engineering Ltd has announced the receipt of an order worth ₹24.48 Crores (including taxes) from Transport Corporation of India Limited. The order is for the manufacture, supply, and commissioning of one rake comprising Type: ACT-1 & BVCM wagons. The execution of this contract is expected to be completed within 16 weeks from the date of the Letter of Intent (LOI). This domestic order signifies continued business for the company in the rail engineering sector.