Texmaco Rail & Engineering has invested into a wholly-owned subsidiary company namely ‘Texmaco Middle East DMCC’ (Texmaco MED). The objective of investment is to explore additional opportunities in sectors to supplement the businesses of Parent Company.
Earlier, the company has entered into a strategic Memorandum of Understanding (MoU) with Nevomo.
Texmaco Rail & Engineering is a private engineering and infrastructure company based in India. It is primarily engaged in the business of manufacturing railway wagons, coaches, and locomotives, as well as providing related services.