Joint Venture20 Feb 2026, 06:12 pm
Texmaco Rail & Engineering and RVNL Form Joint Venture to Boost India's Rail Manufacturing and Global EPC Footprint
AI Summary
Texmaco Rail & Engineering Ltd. and Rail Vikas Nigam Limited (RVNL) have formalized a strategic partnership by signing a Joint Venture Shareholders’ Agreement. This alliance aims to accelerate India’s rail manufacturing capabilities, strengthen its position as a global infrastructure solutions provider, and deliver sustainable, scalable, and future-ready rail solutions. The joint venture will focus on advanced rolling stock segments, lifecycle maintenance and asset management solutions, and large-scale EPC and turnkey infrastructure projects in India and overseas markets.
Key Highlights
- Texmaco Rail & Engineering and RVNL form a strategic joint venture to boost India's rail manufacturing capabilities and global EPC footprint
- The joint venture aims to deliver sustainable, scalable, and future-ready rail solutions for India and the world
- The partnership focuses on advanced rolling stock segments, lifecycle maintenance, asset management solutions, and large-scale EPC projects in India and overseas markets
- The collaboration leverages Texmaco’s industrial manufacturing scale and export reach with RVNL’s proven execution track record in complex rail EPC projects
- The JV is expected to generate large-scale industrial activity, support domestic MSME ecosystems, and create thousands of skilled jobs across India’s manufacturing corridors