Landmark MoU Signed to Drive Innovation and Expand Footprint in Railway Infrastructure and Allied Sectors
New Delhi, May 31: Rail Vikas Nigam Limited (RVNL), a Navratna CPSE under the Ministry of Railways, has entered into a strategic Memorandum of Understanding (MoU) with Texmaco Rail & Engineering Ltd., a leading name in the railway manufacturing and infrastructure sector, to jointly explore and develop new business opportunities in the railway and allied sectors, including manufacturing, maintenance, urban transport systems, and export-oriented projects.
The MoU was signed in the august presence of Pradeep Gaur, Chairman and Managing Director, RVNL and Sudipta Mukherjee, Managing Director, Texmaco.
Director operations RVNL Sh M P SINGH , and Director HR Ms Anupam Ban and senior officials from RVNLand texmaco were among those present .
The agreement was formalized by Manish Agarwal, Principal Executive Director (Mechanical), RVNL and sh a Sudipta Mukherjee of Texmaco.
This MoU marks the beginning of a strong collaboration aimed at driveing innovation, technology synergy, and market expansion across India’s railway and allied sectors w ith a view to explore emerging business opportunities and strategic collaboration
This parternersdho is set to energize the infrastructure, manufacturing, and maintenance landscape of the rail sector,
It will make use of strong points of both organizations—RVNL’s expertise in infrastructure project execution and Texmaco’s manufacturing excellence
, Through this strategic partnership, RVNL and Texmaco intend to jointly pursue:
•Manufacturing and maintenance of rolling stock
•Development and deployment of urban transport solutions
•Participation in high-value infrastructure and export projects
•Innovation-driven technology sharing and market expansion
With this alliance, RVNL continues to strengthen its profile as a future-ready infrastructure leader, expanding beyond conventional project execution into the manufacturing and maintenance of rolling stock, strategic industrial partnerships, and global ventures.
On this occasion, Pradeep Gaur CMD RVNL expressed confidence that This partnership with Texmaco is a key step in RVNL’s journey towards diversification and growth in the infrastructure and manufacturing space.This collaboration will enable both RVNL and Texmaco to jointly pursue opportunities in the manufacturing and maintenance of rolling stock, while also tapping into new-age infrastructure projects such as urban transport systems and export-oriented ventures—aligning strongly with the Government of India’s Make in India and Viksit Bharat vision.
This alliance will play a significant role in realising our vision of a modern, self-reliant, and globally competitive railway ecosystem
Sudipta Mukherjee, MD, Texmaco Rail & Engineering Ltd., remarked: “We are delighted to partner with RVNL, a leading name in railway infrastructure. This collaboration will accelerate innovation and help unlock significant potential in emerging areas such as metro rolling stock, exports, and advanced maintenance solutions. With this MoU, Texmaco reaffirms its commitment to nation-building and to the vision of Atmanirbhar Bharat.”
