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Texmaco, Touax, TrinityRail JV to Invest ₹18 Billion in 100 Rakes to Boost Railcar Leasing

Texmaco, Touax, TrinityRail JV to Invest ₹18 Billion in 100 Rakes to Boost Railcar Leasing

India’s demand for flexible freight solutions is set to rise, driven by PM Gati Shakti, the National Logistics Policy and Dedicated Freight Corridors. Touax Texmaco Railcar Leasing (TTRL) will invest about ₹18 billion in 100 new rakes over the next three to five years, following the entry of TrinityRail Global, a subsidiary of US‑based railcar...

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RVNL to Build 200-Wagon POH Workshop in Odisha Under ₹2.01 Billion EPC Contract

RVNL to Build 200-Wagon POH Workshop in Odisha Under ₹2.01 Billion EPC Contract

The proposed facility will augment East Coast Railway’s wagon maintenance infrastructure, boosting overhaul capacity and asset availability, while reducing turnaround time for freight wagons. Rail Vikas Nigam Ltd (RVNL), a Navratna public sector enterprise under the Ministry of Railways, has received a Letter of Acceptance (LOA) from East Coast Railway for setting up a 200-wagon...