Texmaco Rail & Engineering has entered into a non-exclusive Memorandum of Understanding (MoU) with Lesico, Israel for active co-operation between the two organizations to identify potential scope of works and activities in respect of upcoming Tele-Aviv and Jerusalem Light Rail Transit projects (LRT) on a business case basis. Texmaco expertise has been sought by Lesico for track related work for the said LRT projects. The overall budget for the projects has been estimated at more than $2 billion.
Texmaco Rail & Engineering is one of India’s leading freight car manufacturers and diversified engineering company. The company is the largest supplier of wagons to the Indian Railways in India with strong in-house capabilities for the design and manufacture of special purpose wagons.