Texmaco Rail Eyes Major Expansion as India Sets 2,000 Million Tonne Freight Goal

Texmaco Rail & Engineering is positioned to expand its operations as India targets 2,000 million tonne of rail freight in the near term. The company’s strategic moves, including the acquisition of Jindal Rail and a new wagon project in partnership with a European firm, aim to meet 35 to 40 percent of the country’s rolling stock requirements in the coming years.

Opportunities from Government Freight Targets

The government has set an ambitious plan to achieve 2,000 million tonne of rail freight within the next two years, accelerating the timeline from the long-term 3,000 million tonne target for 2027–2030. This accelerated pace has created opportunities for manufacturers in rolling stock, bridges, and track-laying infrastructure. 

Texmaco, based in Kolkata, expects sustained demand under the National Rail Plan’s execution. The Managing Director of Texmaco, Sudipta Mukherjee highlighted that the faster implementation of government projects provides a clear timeline for execution and reinforces the potential for growth in the rail equipment sector.

Expansion and Strategic Partnerships

Texmaco’s recent acquisition of Jindal Rail strengthens its position in the rolling stock market. Additionally, the collaboration with a European firm on a new wagon project is expected to enhance manufacturing capabilities and support increased production to meet government freight goals. 

These steps are part of the company’s broader strategy to expand its footprint in India’s rail sector and contribute meaningfully to the country’s infrastructure development.

Texmaco Rail & Engineering Share Price Update

As of 3:31 PM IST on October 10, 2025, Texmaco Rail & Engineering share price stood at ₹138.18 on NSE, reflecting a minor decline of ₹0.12 or 0.09% from the previous close of ₹138.30. The stock opened at ₹138.75 and traded within a day’s range of ₹137.90 to ₹140.49. 

Over the past 52 weeks, the share has ranged between ₹119.06 and ₹239.74, with a market capitalisation of ₹5,524.63 crore. The trading volume for the day reached 9,34,019 shares, indicating active market participation.

Read more: Road and Rail Ministries Mark Historic ₹3.1 Lakh Crore Capex in H1FY26

Conclusion

With the government pushing for faster freight growth and Texmaco scaling its production capabilities, the company is positioned to play a significant role in meeting India’s rolling stock needs. The combination of acquisitions, new projects, and strategic partnerships supports steady growth and aligns with the government’s infrastructure priorities.

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