MUMBAI (Metro Rail News): Aditya Birla Group’s Hindalco Industries and Texmaco Rail & Engineering are teaming up to produce aluminium rail wagons and coaches for Indian Railways. This partnership aims to contribute to a project initiated by Indian Railways called ‘Mission 3000 MT’, which focuses on fulfilling a demand of 3000 metric tonnes of freight by 2027.
The investment for this joint venture is estimated to be around Rs 200 crore. Hindalco will offer its profiles, sheets, and plates of its aluminium alloys, as well as its expertise in fabrication and welding. On the other hand, Texmaco will contribute technical expertise, overseeing factory establishment, designing, organizing the production line, and supplying skilled workforce, as stated by the companies.
Satish Pai, the Managing Director of Hindalco Industries, highlighted that the introduction of India’s first aluminium rake showcased the advantages of increased payload capacity and significant CO2 reduction. This partnership will reinforce their commitment to improving the freight industry and passenger mobility, aligning with Railways’ net-zero objectives.
The collaborative plan involves establishing a local facility capable of producing top-notch aluminium wagons, coaches, and sizeable containers.
