Texmaco Rail, RVNL Sign JV to Boost Rail Manufacturing

• Texmaco Rail & RVNL form a JV to boost India’s rail manufacturing and asset management
• The venture will pursue domestic and international rail infrastructure projects across Asia, Africa, and the Middle East
• The JV aims to drive technology adoption, scale, and long-term value through global project participation

Texmaco Rail & Engineering Ltd and Rail Vikas Nigam Ltd (RVNL) have formed a joint venture to enhance India’s rail manufacturing capabilities and strengthen the country’s infrastructure footprint.

Texmaco Rail RVNL JV marks a significant rail manufacturing India partnership, following the Texmaco Rail RVNL agreement to boost railway manufacturing India growth, strengthen RVNL Texmaco collaboration, and enhance India rail infrastructure manufacturing, including rolling stock manufacturing India, railway equipment production India, driving rail sector partnership India and supporting railway manufacturing expansion India.

The partnership will develop advanced rolling stock together with lifecycle maintenance and asset management solutions according to a joint statement, which also includes the execution of large-scale EPC and turnkey rail infrastructure projects.

The venture aims to extend its reach beyond domestic markets, actively pursuing integrated rail manufacturing and infrastructure projects across Asia, Africa, and the Middle East.

The official statement read, “The partnership builds on the companies' complementary strengths to deliver integrated rail solutions that combine engineering innovation, cost competitiveness, and global-standard quality”.

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The joint venture will establish India as a competitive force in the global rail sector through its combination of technical expertise, manufacturing capacity and project execution abilities.

The first statement from Saleem Ahmad, who serves as Chairman and Managing Director of RVNL, explains that this joint venture functions as a national infrastructure project development base between the two companies.

The partnership will produce enduring benefits because it will drive technology adoption, business growth and enable organizations to take part in worldwide initiatives, according to him.

The two companies will work together through their partnership to create advanced railway systems, which will help them manage their assets more effectively while supporting India in achieving its industrial and transportation modernization objectives.

Sudipta Mukherjee, Managing Director, Texmaco Rail & Engineering stated, “The collaboration will accelerate innovation, strengthen export competitiveness, and reinforce India's position on the global rail map”.

The joint venture represents a strategic plan which uses local knowledge to develop high-tech rail production and infrastructure building by combining domestic talent with international standards.