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Hindalco, Texmaco to produce aluminium rail wagons and coaches
Metallurgical Industries - Aug 11,2023 -A strategic partnership has been formed between Hindalco Industries Ltd. and Texmaco Rail & Engineering Ltd. to design and produce aluminium rail coaches and waggons. According to the corporations, the cooperation will increase operational efficiency and enable Indian Railways meet its emission targets.
Hindalco will provide profiles, sheets and plates of its unique aluminium alloys, along with fabrication and welding expertise. Texmaco will bring in technical expertise and be responsible for the design, setting up of the factory, production line and providing skilled workers.
An indigenous facility that can make high-quality aluminium wagons, coaches, large containers, and components will greatly supplement the Centre's fast-paced development of dedicated freight corridors that aims to boost efficiency and reduce freight tariffs," the filing said.
Satish Pai, managing director at Hindalco Industries, said, "With the launch of India’s first aluminium rake, we have demonstrated the benefits of higher payload and significant CO2 reduction that aluminium rakes offer. This partnership will further strengthen our role in enhancing the value proposition for the freight industry as well as for passenger mobility while helping the Railways achieve its net zero objectives."
Company : Hindalco IndustriesTexmaco Rail and Engineering
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