and form JV to boost rail infrastructure Texmaco Rail & Engineering and Rail Vikas Nigam Limited have formed a JV to boost rail manufacturing and global infrastructure play. Focus areas include advanced rolling stock, lifecycle maintenance and EPC projects. Texmaco will hold 49%, with RVNL as majority partner, driving indigenisation, jobs and large-scale industrial impact. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.