Texmaco Rail & Engineering has officially announced the launch of a network of Global Capability Centers (GCCs) across India under the brand name Invariz, powered by ServiceNow platform. The announcement, made through a press release on April 29, 2026, marks the company's strategic entry into AI-led global services and digital solutions, representing a significant diversification from its traditional railway and infrastructure businesses.

Strategic GCC Launch and ServiceNow Partnership

The Invariz brand leverages ServiceNow's AI-powered workflow platform to deliver automation-led enterprise solutions targeting both domestic and international clients across multiple sectors. The company had soft-launched its first center in Faridabad at the end of last year, with plans to scale operations to additional locations across India.

Financial Projections and Growth Strategy

The GCC rollout is expected to generate substantial economic impact through both revenue enhancement and job creation. The company has set ambitious targets for this new venture, positioning it as a significant growth engine alongside its core businesses.

Leadership Vision and Market Positioning

Mr. Sudipta Mukherjee, Managing Director of Texmaco Rail & Engineering Limited, emphasized the initiative's potential for future growth and global alliance creation. He highlighted that this will serve as the digital front-end of the company, potentially offering comprehensive solutions around railways globally and beyond. The leadership views this as leveraging ServiceNow's platform to unlock new revenue streams, improve efficiencies, and strengthen positioning in global markets.

Innovation Hub and Digital Transformation

The GCC platform will function as a hub for innovation, digital talent development, and AI-led transformation, supporting multi-industry use cases while reinforcing India's role as a global GCC destination. Dr. Arivarasu Selvaraj, Group CDO driving the Invariz GCC initiative, is focused on building a scalable, innovation-led GCC ecosystem by combining AI capabilities with global delivery models.

Strategic Impact and Market Expansion

This move positions the 86-year-old engineering major among early Indian engineering firms to scale AI-enabled global services, aligning with the evolving global enterprise services landscape. The GCC network will support group companies and expand to serve external clients, enabling a scalable global delivery model that enhances operational efficiency, improves asset utilization, and creates a diversified services portfolio.

Texmaco Rail & Engineering has announced securing a significant contract worth ₹36.00 crore from Eastern Railway for auto signalling replacement work using Multi Section Digital Axle Counter (MSDAC) technology. This order represents a notable addition to the company's railway infrastructure portfolio and demonstrates its continued engagement with Indian Railways.

Contract Details

The awarded contract focuses on replacement of auto signalling by using Multi Section Digital Axle Counter (MSDAC), a critical component of railway safety and operational efficiency. The project is scheduled for completion within 24 months from the date of issue of Letter of Acceptance.

Technical Specifications

The Multi Section Digital Axle Counter (MSDAC) technology represents an advanced signalling solution that enhances railway operational safety and efficiency. This system automatically controls train movements and ensures safe passage through various sections of the railway network by providing precise train detection capabilities.

Regulatory Compliance

The order disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company confirmed that this is a domestic contract with no related party transactions involved, and promoter groups have no interest in the awarding entity.

Strategic Significance

This contract award strengthens Texmaco Rail & Engineering's position in the railway infrastructure segment. The company's ability to secure orders from major railway zones like Eastern Railway highlights its technical capabilities and established relationships within the Indian Railways network. The ₹36.00 crore order adds substantial value to the company's order book and provides revenue visibility for the upcoming 24-month execution period.