Texmaco Limited, the railway wagon and engineering company, will shift focus to Engineering, Procurement, and Construction (EPC) from sale of wagons, says Executive Director AK Vijay.
In an interview to CNBC-TV18, Sandeep Fuller, ED & CEO of Texmaco Rail and Engineering spoke about the MoU that the company signed with Russia's Rosoboronexport for defence products.
The MoU has been signed for cooperation in carrying out joint projects for modernization of Armoured Vehicles operated by the Indian Army; co-production of BMP-3; research, development and production of futuristic models and spare parts etc. at texmaco industrial facilities, a Texmaco statement said.
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