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Rail Vikas Nigam signs MoU with M/s Texmaco Rail & Engineering

30 May 2025 Evaluate

Rail Vikas Nigam has signed Memorandum of Understanding (MoU) with M/s Texmaco Rail & Engineering. 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 company has signed MoU to collaborate on railway infrastructure, including manufacture and maintenance of rolling stock, operation and maintenance of rolling stock and workshops. Further, future collaboration and strategic initiatives includes 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 and technology & innovation in areas of automation, digitalization, sustainable solutions, artificial intelligence, data analytics, green technologies, and other progressive fields relevant to railway infrastructure, manufacturing, operations, and maintenance. 

Rail Vikas Nigam functions as an extended arm of the Ministry of Railways. 


Rail Vikas Nigam Share Price

303.10 9.45 (3.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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