Hindalco Industries Limited and Texmaco Rail & Engineering Limited have entered into a strategic alliance to develop and manufacture world-class rail wagons and coaches to help Indian Railways to achieve its emission goals and bolster operating efficiency. Indian Railways has launched "Mission 3000 MT" with a target of doubling freight capacity to reach 3,000 million tons by 2027 through augmentation of rolling stock, with the objective of achieving 45% market share in freight. To meet this ambitious target, the Railways is actively seeking to improve wagon design, and inviting wagon manufacturers to contribute their own designs to enhance overall capacity and the life of railway assets.

Recognizing these developments in the Railways, Hindalco and Texmaco have joined hands to explore opportunities, where Hindalco will provide profiles, sheets and plates of its unique aluminium alloys, along with fabrication and welding expertise. The company's in-house aluminium freight rake launched last year is 180 tons lighter and offers 19% higher payload to tare weight ratio, consumes less energy with relatively negligible wear and tear. Texmaco, being an expert in manufacturing freight cars for 80 years, will bring in technical expertise and be responsible for design, setting up the factory, production line and providing skilled workers.

These substantial gains have encouraged Hindalco and Texmaco to go full throttle at pursuing an Atmanirbhar Bharat dream and help the Railways, which is in the throes of a massive upgradation in both basic infrastructures such as building gleaming new stations with modern amenities as well as state-of-the-art coaches and rapid expansion in the metro rail network. An indigenous facility that can make high-quality aluminium wagons, coaches, large containers, and components will greatly supplement the Central Government's fast-paced development of dedicated freight corridors that aims to boost efficiency and reduce freight tariffs.