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.
Talking to CNBC-TV18, Vijay says that the main focus is on developing railway infrastructure. Engineering, procurement, construction (EPC) projects will be the most profitable in future, he adds.
The wagon maker company is working at 60-70 percent capacity and expects improvement in demand from American market going ahead.
Senior vice president and chief financial officer, AK Vijay told CNBC-TV18 that Kalindee's revival depends on strong technical and financial partner and Texmaco is confident of providing that.