Texmaco Rail’s JV likely to start manufacturing operation of railway components from Q2

Texmaco Rail & Engineering Ltd. | Railways Wagons/Coaches | Automobiles | BSE: 533326 | NSE: TEXRAIL

31 Jul 2018 Evaluate

Texmaco Rail & Engineering’s JV Company -- Wabtec Texmaco Rail -- is expected to start its manufacturing operation of Railway components from 2nd quarter of the current year from its new facility at Belgharia, which is scheduled to be inaugurated in mid August 2018.

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.

Peers

Company Name	CMP
Texmaco Rail & Engg.	108.60
Titagarh Railsystems	813.55
Jupiter Wagons	228.60
Jessop & Co
Acme India Industrie
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