Texmaco secures ₹4,045 cr rail order in South Africa
pre-market1 source ↓written by the desknot a recommendation
- contract from Tsiko
- ₹4,045 cr
- the supply
- 2,235 freight wagons
- 30 diesel locomotives
- also includes
- 15-year maintenance partnership
Texmaco Rail & Engineering has secured a ₹4,045 cr contract from Tsiko Africa Logistics and Barberry Holdings for the supply of 2,235 freight wagons and 30 diesel locomotives. This deal also includes a 15-year maintenance partnership, enhancing long-term revenue potential in the region. 📈
This significant order marks one of the largest export contracts for the company, potentially boosting market sentiment and operational capacity.
Not investment advice. For informational purposes only.