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Texmaco Rail plans to begin manufacturing of locomotives

16 Sep 2013 Evaluate

Wagon manufacturer Texmaco Rail & Enginering (TREL) is planning to begin manufacturing of locomotives. In this regard, the company is planning to go in for a technical collaboration with an overseas company within three years for the project. Since the negotiations are under a secrecy clause, the company has not disclosed further details at this point in time.

In another, development, the company has entered into 50:50 export-oriented joint venture project with Australia’s UGL Rail for manufacture of locomotive components and sub-assemblies. The plant is north of the city and near Texmaco’s existing facilities.

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.

Texmaco Rail & Eng. Share Price

106.04 2.44 (2.36%)
17-Apr-2026 16:59 View Price Chart
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