Texmaco and RVNL plan to operationalise the joint venture by November 2025
The joint venture (JV) of Texmaco Rail & Engineering Ltd and the Rail Vikas Nigam Limited (RVNL) is to be operationalized by November this year. As per updates, the 2 firms aim to operationalise the new company by November 2025 so that it can begin contributing to upcoming railway projects in India and abroad.
The total investment for the JV is Rs 200 crore.
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