Texmaco Rail & Engineering Ltd has announced the launch of invariz, a new network of Global Capability Centers (GCCs) powered by the ServiceNow platform. This strategic initiative marks the company’s entry into AI-led global digital services. The project aims to generate over 1,200 direct jobs and contribute more than $100 million in incremental revenue by 2030, establishing a new growth engine alongside its traditional engineering and infrastructure operations.
Strategic Pivot into AI and Digital Services
Texmaco Rail & Engineering, an 86-year-old engineering major, is executing a strategic pivot by integrating AI-driven platforms into its operations. The newly launched invariz brand will serve as the company’s digital front end, leveraging ServiceNow’s enterprise workflow capabilities to deliver automation-led solutions to both domestic and international clients.
Growth and Operational Impact
The company successfully conducted a soft launch of its first center in Faridabad at the end of last year. Scaling this network is a key priority, with expectations for the initiative to contribute 10%-15% to the company’s overall growth strategy over the medium term. By centralizing digital talent development and innovation, Texmaco aims to enhance operational efficiency and improve asset utilization across its group companies.
Future Outlook
According to the company’s leadership, the invariz platform will position Texmaco among the early movers in the Indian engineering sector to successfully scale AI-enabled global services. By fostering global alliances and supporting multi-industry use cases, this initiative is set to diversify Texmaco’s service portfolio and reinforce its role as a key contributor to the global enterprise services landscape.
Source: BSE
