RVNL and Texmaco Sign MoU to Collaborate on Railway Manufacturing, Operations, and Technology Innovation

On 29th May 2025, Rail Vikas Nigam Limited (RVNL), a prominent public sector enterprise under the Ministry of Railways, announced the signing of a Memorandum of Understanding (MoU) with  Texmaco Rail & Engineering. The MoU is a testament to both organisations’ intent to collaborate in key areas related to railway development and allied sectors. This strategic alliance is expected to enhance capabilities in manufacturing, maintenance, and modernisation within the Indian railway ecosystem.

RVNL and Texmaco: Advancing Railway Manufacturing and Maintenance

The MoU outlines a cooperative framework in the manufacture and maintenance of rolling stock and the operation and upkeep of associated workshops. It also includes plans for the establishment and operation of wheelset manufacturing facilities and bogie manufacturing plants. Furthermore, both RVNL and Texmaco aim to collaborate on the indigenous production of metro coaches and trainsets, thereby strengthening domestic capabilities in railway manufacturing.

RVNL-Texmaco Collaboration on EPC Projects and Technological Innovation

In addition to manufacturing and operations, the agreement encompasses the joint execution of Engineering, Procurement, and Construction (EPC) and allied infrastructure projects. The MoU also prioritises technological innovation in areas such as automation, digitalisation, artificial intelligence, data analytics, sustainable solutions, green technologies, and other forward-looking initiatives. These collaborative efforts signify a shared vision to modernise railway infrastructure and improve operational efficiency.

Read More: Texmaco Wins Order from the Ministry of Railways

RVNL Share Performance 

As of May 30, 2025, at 10:22 AM, RVNL share price traded at ₹412.00 per share, reflecting a decline of 1.46% from the previous day's closing price. Over the past month, the stock has surged by 17.78%.

Conclusion

The strategic partnership between RVNL and Texmaco Rail & Engineering Limited represents a significant step towards the integrated development of India’s railway sector. With combined strengths in infrastructure, manufacturing, and innovation, the two companies aim to play a pivotal role in shaping the future of railway transportation in the country.

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