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Texmaco Rail & Engineering partners with The Signalling Company NV for ETCS solutions
10-Aug-2026, 07:15
Texmaco Rail & Engineering Limited announced on Thursday that it has entered into a Memorandum of Understanding with The Signalling Company NV, Belgium, to establish a strategic collaboration regarding ETCS solutions, including the contemplated Kavach development for the Indian market. The agreement, disclosed under SEBI regulations, outlines a mutual intention to explore collaboration and negotiate a definitive agreement, subject to approvals from both managements, and is non-equity in nature.