Texmaco Rail & Engineering Ltd

🚂 Transforming India's ₹3-Lakh Crore Freight Rail Ecosystem: Texmaco, Touax & TrinityRail Unveil Landmark JV

- TrinityRail acquires 32% stake in JV ‘Touax Texmaco Railcar Leasing Pvt. Ltd.’ (TTRL).

- Aims to introduce India’s first global railcar leasing platform, blending manufacturing, leasing, and tech expertise.

- India plans to increase rail’s freight share from 27% to 45%, fueling private wagon demand.

- Focus on efficiency: lower costs, faster production, sustainable railcar designs, and reduced maintenance.

- Texmaco leverages ‘Atmanirbhar Bharat’ for indigenized production; TrinityRail brings global leasing and design expertise.

- Targets cutting India’s logistics costs (current: 14% of GDP) to align with global benchmarks.