Texmaco Rail launches 'invariz' GCCs, targets $100M revenue by 2030

Texmaco Rail & Engineering Ltd has launched "invariz," a network of Global Capability Centers (GCCs) across India, powered by the ServiceNow platform. This initiative marks the company's entry into AI-led global services and digital solutions. The first center was soft-launched in Faridabad, with plans for multi-city expansion. The GCC rollout is projected to create over 1200 direct jobs and generate more than $100 million in incremental revenue by 2030, establishing a new growth engine alongside its core railway and infrastructure businesses. This move represents a strategic pivot for the 86-year-old engineering firm, leveraging AI-driven platforms to deliver automation-led enterprise solutions to domestic and international clients. The company expects the GCC initiative to contribute 10-15% to its overall growth strategy over the medium term.