https://www.taxtmi.com/news?id=53771 A commercial joint venture between Texmaco Rail & Engineering Ltd and Rail Vikas Nigam Ltd will manufacture freight and passenger rolling stock, undertake EPC contracts and depot operations, and pursue global tenders; Texmaco will hold 49% and RVNL will remain the majority shareholder, with closing subject to required approvals. The JV plans to integrate automation, artificial intelligence and green technologies to boost export competitiveness and support domestic manufacturing initiatives. en-us Wed, 27 Aug 2025 19:46:03 +0530 Wed, 27 Aug 2025 19:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53771 A commercial joint venture between Texmaco Rail & Engineering Ltd and Rail Vikas Nigam Ltd will manufacture freight and passenger rolling stock, undertake EPC contracts and depot operations, and pursue global tenders; Texmaco will hold 49% and RVNL will remain the majority shareholder, with closing subject to required approvals. The JV plans to integrate automation, artificial intelligence and green technologies to boost export competitiveness and support domestic manufacturing initiatives. News - Wed, 27 Aug 2025 19:46:03 +0530 https://www.taxtmi.com/news?id=53771