logo
#

Latest news with #TexmacoRail&EngineeringLimited

Texmaco Rail secures Rs 535 crore export order from CAMALCO SA, Cameroon
Texmaco Rail secures Rs 535 crore export order from CAMALCO SA, Cameroon

Business Upturn

time12 hours ago

  • Business
  • Business Upturn

Texmaco Rail secures Rs 535 crore export order from CAMALCO SA, Cameroon

By Aman Shukla Published on June 25, 2025, 20:02 IST Texmaco Rail & Engineering Limited has announced a major international order win from CAMALCO SA, Cameroon. The company received a Letter of Intent on June 24, 2025, awarding a contract worth USD 62.24 million (approximately INR 535 crore). The deal includes the manufacturing and supply of 560 open-top wagons valued at USD 32.76 million (INR 282 crore) and a 20-year long-term maintenance contract worth USD 29.48 million (INR 253 crore). This export order marks a significant step in Texmaco's global expansion strategy. The manufacturing of wagons will be completed in two phases within 24 months from the purchase order date. Moreover, the contract includes a provision for an additional order of 1,040 wagons to be delivered over the next five years, along with extended maintenance services. Awarded by an international client, this contract strengthens Texmaco's position in the global railway engineering space and reflects its capabilities in delivering large-scale, long-term projects. This development reinforces Texmaco Rail's reputation as a reliable global supplier of rolling stock and railway infrastructure solutions. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store