Texmaco Rail & Engineering has secured a major strategic rail order in South Africa, valued at over INR 4,045 crores. The contract includes the supply of more than 2,235 freight wagons and 30 diesel locomotives to a South African Train Operating Company. This landmark deal also incorporates a 15-year maintenance partnership, marking a significant milestone in the company’s global expansion strategy and reinforcing its position as a leading integrated rail solutions provider.
Expanding Global Footprint
Texmaco Rail & Engineering has announced a major international breakthrough by securing a landmark order in the South African market. As confirmed on May 12, 2026, the company has received a Letter of Award (LOA) to provide rolling stock to a South African Train Operating Company (TOC). This project is central to the company’s broader objective of strengthening its presence across the African rail ecosystem.
Project Details and Scope
The contract, valued at upwards of INR 4,045 crores, encompasses the manufacturing and supply of more than 2,235 freight wagons across multiple variants, in addition to 30 diesel locomotives. Beyond the initial supply, the agreement features a long-term 15-year maintenance partnership. This lifecycle engagement is expected to provide stable, long-term business value while opening doors for future regional projects, including locomotive modernization, refurbishment, and infrastructure development.
Strategic Significance
Mr. Sudipta Mukherjee, Managing Director, highlighted that this opportunity underscores the growing global recognition of Indian rail engineering and manufacturing capabilities. The project aligns with South Africa’s ongoing rail sector reforms and the development of an Open Access freight rail framework. Texmaco intends to execute the order with a balanced approach, carefully managing supply chain dynamics, commodity volatility, and geo-political factors to ensure long-term operational success.
Source: BSE
