MoU29 May 2025, 08:21 pm
Texmaco Rail & Engineering Limited signs MoU with Rail Vikas Nigam Limited
AI Summary
Texmaco Rail & Engineering Limited has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL). The MoU aims to establish a framework for collaboration in areas of mutual interest, particularly in the field of railway infrastructure and allied sectors. The areas of collaboration may include manufacturing and maintenance of rolling stock, operation and maintenance of rolling stock and workshops, future collaboration and strategic initiatives, and technology & innovation in railway infrastructure, manufacturing, operations, and maintenance.
Key Highlights
- Texmaco Rail & Engineering Limited signs MoU with Rail Vikas Nigam Limited
- MoU aims to establish a framework for collaboration in railway infrastructure and allied sectors
- Collaboration may include manufacturing and maintenance of rolling stock, operation and maintenance of rolling stock and workshops, and future collaboration and strategic initiatives
- Areas of collaboration also include technology & innovation in railway infrastructure, manufacturing, operations, and maintenance
- Potential for establishment/operation for wheel set manufacturing facility & bogie manufacturing plants, manufacturing of Metro Coaches and Trainsets in India, execution of EPC and Allied Infrastructure Projects