New Delhi [India], 29 July (ANI): Texmaco Rail & Engineering Limited, Touax Group and TrinityRail Global have joined hands to scale up railcar leasing in India, with the expanded joint venture planning to invest around Rs 1,800 crore in 100 new rakes over the next three to five years. The partnership brings together Indian manufacturing capabilities, European leasing and asset management expertise, and North American rail engineering capabilities under Touax Texmaco Railcar Leasing Private Limited (TTRL). The platform will cover a broad range of activities, including railcar design, manufacturing, financing, leasing, maintenance, lifecycle engineering and asset management. Saroj Kumar Poddar, Chairman of Texmaco Rail & Engineering and Adventz Group, said the partnership marks a significant step towards building a future-ready rail freight ecosystem in India. TrinityRail Chief Investment Officer Patrick Hurst said India represents one of the most significant rail freight growth opportunities globally.