India: Railways, metro plans make Texmaco a solid bet.Byline: pinto pinto Spotted horse, also called paint, piebald, skewbald, and other terms to describe variations in colour and markings. The American Indian ponies of the western U.S. were often pintos. Most pure-breed associations refuse to register horses with pinto colouring. 03 Texmaco Ltd, the diversified engineering firm of K K Birla Group, manufactures and sells heavy engineering products. Incorporated in 1939, it has five factories near Kolkata. It provides equipment machinery and services to core-sector projects and process industries in India and internationally. Business: Texmaco has three segments -- heavy engineering division, steel foundry division and others.The products comprise railway wagons, hydro-mechanical equipment for hydel projects, heavy engineering machinery for shipbuilding and bridge construction. It produces industrial boilers and machinery for oil and fertiliser sector, machinery for textile mills, boilers, super heaters, economisers, chimneys A list of the tallest chimneys of the world. Timeline of world's tallest chimney Since the beginning of the industrial revolution, tall chimneys were built, at the beginning with bricks, and later also of concrete or steel. , pressure vessels Pressure vessel A cylindrical or spherical metal container capable of withstanding pressures exerted by the material enclosed. Pressure vessels are important because many liquids and gases must be stored under high pressure. and equipment for chemicals, paper, cement, coke oven and iron & steel industries.Its prowess also lies in coal and other solid material handling and conveying plants and railway rolling stocks rolling stock Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among etc. The steel foundry division caters to castings for railway equipment, sugar machinery etc. Texmaco derives a major portion of its revenues from large-scale contracts for wagons. Rolling stock accounts for more than half of its revenues and is a steady cash generator. Texmaco is the largest wagon manufacturer in India, enjoying a 25% market share. A leader in commodity specific wagons, it has a capacity to manufacture over 7,500 wagons. Texmaco in 2007 formed a 50:50 joint venture with United Group for the biggest railway hub in West Bengal West Bengal: see Bengal. West Bengal State (pop., 2001: 80,176,197), northeastern India. It is bordered by Nepal and Bangladesh and the states of Orissa, Jharkhand, Bihar, Sikkim, Assam, and Meghalaya and has an area of 34,267 sq mi (88,752 sq km); and more are on cards. Hydro mechanical equipment comprising penstock, trash gates, sluice gates the sliding gate of a sluice. See also: Sluice and hoists contribute 8-10% to revenues. Process equipment such as low-pressure boilers contribute 5-6% to gross revenues. The steel foundry division contributes 17-18% of gross revenues. Texmaco has a steel foundry for manufacturing bogies and couplers. Texmaco is also focusing on exports. The hydro mechanical equipment and structurals have been key contributors to the export revenues. Investment rationale: The opportunities offered by Indian Railways Indian Railways (Hindi भारतीय रेल), abbreviated as IR, is a Department of the Government of India, under the Ministry of Railways, and is tasked with operating the rail network in India. are immense. The 11th Five-Year Plan Five-Year Plan, Soviet economic practice of planning to augment agricultural and industrial output by designated quotas for a limited period of usually five years. has proposed a Rs 2,30,000 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>. Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million expansion for the Railways. Demand for wagons is on the rise from both the public and private sector. Rising investments in steel, cement and power sectors have added to growth in freight despite slowdown. Expediting development of the freight corridor would add to efficiency and, in turn, boost demand for wagons. Mass rapid transport system including electric multiple unit and metro railways are expanding. Texmaco is all set to exploit these opportunities and has entered into tie-ups with several multi-national firms. Texmaco has a JV with end-to-end rail technology solution provider United Group Ltdfor manufacturing hi-tech wagon and locomotive railway frames. The work on hi-tech high-payload steel wagons would focus on exports to markets such as Australia. It would manufacture 1,000 wagons to start with, and aims at an income of Rs 400 crore. The JV will also manufacture l Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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