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.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 106.04 |
| Jupiter Wagons | 286.15 |
| Titagarh Railsystems | 741.05 |
| Jessop & Co | |
| View more.. | |
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