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Texmaco Wins Rs 421 Crore Freight Wagon Order from JSW Group

Texmaco Rail & Engineering has secured a major contract worth approximately Rs 421.38 crore from the JSW Group for the manufacture and supply of 20 rakes of specialized freight wagons. The order includes various wagon types and essential brake vans, designed to improve logistics efficiency for containerized cargo. This deal underscores the growing involvement of private players in India's rail freight sector, driven by policy initiatives to enhance efficiency and reduce costs. Texmaco's advanced manufacturing capabilities position it as a key partner in supporting the country's railway modernization and logistics transformation.

Key Points: Texmaco Secures Rs 421 Crore Freight Wagon Order from JSW

  • Rs 421 crore contract for 20 freight wagon rakes
  • Order includes specialized BLCS, BLSS, and BFNV wagons
  • Supports high-capacity container transport
  • Enhances private sector role in rail logistics
  • Part of India's railway modernization drive
2 min read

JSW Group places Rs 421 crore freight wagon order with Texmaco Rail

Texmaco Rail wins a major Rs 421.38 crore contract from JSW Group to supply 20 rakes of specialized freight wagons, boosting India's private rail logistics.

"This order... further strengthens Texmaco's long-standing role in supporting India's expanding private freight wagon ecosystem. - Sudipta Mukherjee"

New Delhi, March 31

Texmaco Rail & Engineering Limited has secured a significant contract from the JSW Group for the manufacture and supply of freight wagons. According to Texmaco, the total value of the order stands at approximately Rs 421.38 crore, which includes Goods and Services Tax. The base value of the contract, excluding taxes, is pegged at Rs 357.11 crore.

The Kolkata-headquartered company received a Letter of Intent (LOI) from JSW Group Companies for the production of 20 rakes of freight wagons. The order comprises various specialized rolling stock, including BLCS wagons, BLSS wagons, and BFNV wagons. To ensure operational safety and functionality, the contract also includes the supply of BVCM brake vans, which are essential for rail logistics operations.

Commenting on the development in the company's official statement, Sudipta Mukherjee, Managing Director of Texmaco Rail & Engineering Limited, said, "This order from JSW Group Companies further strengthens Texmaco's long-standing role in supporting India's expanding private freight wagon ecosystem. As industries increasingly adopt rail-based logistics for efficiency and sustainability, Texmaco remains committed to delivering high-quality rolling stock solutions that enhance freight capacity and operational reliability," Mukherjee said.

These wagons are designed to support high-capacity container transport and are expected to improve logistics efficiency across industrial supply chains, particularly for the movement of containerised cargo.

The order also reflects the growing participation of private players in rail logistics, driven by Indian Railways' policy initiatives to improve freight movement efficiency and reduce logistics costs. Texmaco's advanced manufacturing capabilities and strong engineering expertise position the company as a preferred partner for both public and private rail freight operators.

With a diversified portfolio across freight cars, rail infrastructure, and electrical systems, Texmaco continues to play a pivotal role in supporting India's railway modernisation and logistics transformation.

Texmaco Rail & Engineering Limited, part of the Adventz Group, is a listed company and a key player in the railway and infrastructure sector.

- ANI

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Reader Comments

P
Priya S
Rs 421 crore is a massive order! It shows confidence in Indian manufacturing. Hopefully, the efficiency gains from these specialized wagons will eventually translate into lower costs for end consumers. More private investment in railways is the need of the hour.
R
Rohit P
Good move by JSW. Shifting more cargo to rail from road is crucial for reducing pollution and decongesting our highways. These BFNV and BLCS wagons seem designed for modern logistics. Hope to see more such orders from other corporate houses.
S
Sarah B
While this is positive, I hope the focus on "high-quality" is real. We've seen issues with some rolling stock in the past. Texmaco and the regulator must ensure these wagons are built to last and are truly safe for our rail network. Quality cannot be compromised.
K
Karthik V
As someone from Kolkata, proud to see a company headquartered here bagging such a big order! Adventz Group and Texmaco have been pillars of the engineering sector in the East. This will have a positive ripple effect on the local economy. 👍
M
Michael C
The emphasis on containerized cargo is key. For India to compete globally, we need seamless intermodal transport where goods move easily from ship to train to truck. Orders like this build that critical rail link in the supply chain.

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