Texmaco Rail and RVNL Launch Strategic Rail JV

Texmaco Rail & Engineering Ltd and Rail Vikas Nigam Ltd (

) signed a joint venture agreement on February 19, 2026, to enhance India's rail manufacturing and infrastructure capabilities. The partnership targets advanced rolling stock, lifecycle maintenance, asset management, and large-scale EPC rail projects domestically and internationally. RVNL will hold the majority stake at 51%, with Texmaco owning 49%, blending public sector execution expertise with private manufacturing agility. This aligns with India's Aatmanirbhar Bharat initiative, focusing on technology indigenisation, supply chain localisation, and exports to Asia, Africa, and the Middle East. The JV aims to boost MSME support, skilled job creation, and sustainable practices like renewable energy integration. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.