Texmaco Rail secures a massive ₹4,045 crore (approx. $430.5M) export deal from South Africa.
The contract mandates the supply of 2,235+ freight wagons and 30 diesel locomotives by 2028.
A built-in 15-year maintenance pact structurally shifts Texmaco's revenue model toward long-term predictability.
The deal validates India's heavy engineering capabilities and competitiveness in the Global South infrastructure market.
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