Latest News | Texmaco Rail Bags over Rs 535-cr Wagon Order from Cameroon-based Company

Kolkata, Jun 25 (PTI) Texmaco Rail & Engineering Ltd on Wednesday said it has secured a Rs 535.6-crore contract from a company based in central Africa to supply and maintain over 1,600 freight wagons for bauxite transportation.

Under the agreement with CAMALCO SA, Cameroon, Texmaco will design, build, and provide end-to-end maintenance for more than 1,600 open-top freight wagons, it said in a statement.

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The deal aligns with India's 'Make for World' vision, Texmaco's Vice-Chairman Indrajit Mookerjee said, while MD Sudipta Mukherjee called it a testament to the nation's manufacturing capabilities.

CAMALCO CEO Rana Pratap Singh said the partnership supports Cameroon's infrastructure development.

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The contract boosts Texmaco's order book to Rs 7,820 crore, strengthening its position in African and global markets, company officials said.

The Kolkata-based company operates seven manufacturing plants across India.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)