Texmaco secures ₹5,300 crore locomotive contract in South Africa
pre-market1 source ↓written by the desknot a recommendation
- contract to supply
- ₹5,300 crore
- contract announced
- ₹4,100 crore
Texmaco Rail and Engineering Ltd has won a ₹5,300 crore contract to supply locomotives to South Africa. The company plans to manufacture parts in Bengal and ship them to South Africa, enhancing its international footprint. This follows a previous ₹4,100 crore contract announced in July, indicating strong demand for its products.
Not investment advice. For informational purposes only.