Texmaco Rail & Engineering has entered into a joint venture (JV) agreement with Wabtec International Inc. (Westinghouse Air Brake), a leading multi Billion Dollar US company in the field of advanced Rail technology and Rail Safety products for setting up of a Joint Venture facility in India.
Recently, the company’s Heavy Engineering Division secured an order valued at Rs 387.05 crore for 974 Nos. well type wagons from the Ministry of Defence.
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