Texmaco RVNL JV Boosts Rail Output

  Published 10 months ago

Texmaco Rail partners with RVNL, forming a 49-51 JV to produce and maintain rolling stock nationally.

  • RVNL holds 51% stake, Texmaco retains 49%, joint venture finalizes by December 2025, subject to approval.
  • JV will manufacture locomotives, wagons, coaches, trainsets, metro coaches, and specialized railway equipment for domestic export.
  • Strategic JV aligns with Make in India, boosting local rail manufacturing, global market reach, and export opportunities.

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