Texmaco Launches GCC Network; Shares Rise 2.09%

Mumbai, April 29: Texmaco Rail & Engineering Limited has announced its entry into the Global Capability Centre space, rolling out a new network across India under the brand “invariz”, as it looks to build a parallel digital services business alongside its core engineering operations.

The disclosure, made through an exchange filing, outlines that the company has already set up its first centre in Faridabad, which began operations toward the end of last year. From here, the plan is to gradually scale into other locations.

Texmaco is not just adding another business line. It is trying to tap into the growing demand for AI-backed enterprise services, using ServiceNow’s platform to deliver workflow automation and digital solutions. The company expects this vertical to create over 1,200 jobs and bring in more than $100 million in additional revenue by 2030.

Stock Market Snapshot 

Texmaco Rail & Engineering share price rose 2.09% to ₹108.14 as of 12:52 pm IST on April 29, 2026, compared with the previous close of ₹105.93, according to exchange data.

The Texmaco Rail & Engineering Limited share price suggests that investors are beginning to take note of the company’s attempt to widen its business mix, even if the benefits are likely to play out over time.

A Gradual Shift Rather Than A Reinvention

For a company known largely for freight wagons and rail infrastructure, this is a different direction. Still, Texmaco appears to be approaching it cautiously.

The GCC model will sit alongside its existing businesses, not replace them. The idea is to combine its industrial understanding with digital execution. By leaning on ServiceNow’s AI-led workflow systems, the company aims to build capabilities that can be used internally and offered externally.

Management has also positioned these centres as hubs for innovation and talent development.

Company Background

Texmaco Rail & Engineering Limited, part of the Adventz Group, has a long operating history in India’s railway and infrastructure sector. Its presence spans freight cars, rail systems and heavy engineering components.

The company supplies to Indian Railways and also caters to private and export markets. Its operations are spread across multiple manufacturing units in India, giving it a strong base in industrial production.

This new move into GCCs adds a layer that is less dependent on physical assets and more on technology and service delivery.

What Lies Ahead

Texmaco has indicated that the GCC initiative could contribute around 10% to 15% of its growth over the medium term. Global companies continue to expand their capability centres in India, and demand for AI-driven services is rising. Texmaco is entering at a time when the space is already competitive but still growing.

Source :

• https://www.nseindia.com/get-quote/equity/TEXRAIL/Texmaco-Rail-&-Engineering-Limited
• https://nsearchives.nseindia.com/corporate/TEXRAIL_29042026112334_TexRailPressRelease29042026.pdf