The announcement came against the backdrop of a top-level Indian political and business delegation led by Prime Minister Narendra Modi visiting Israel.
"The MoU between Lesico with Adventz Group will be a first for an Indian conglomerate with Group company Texmaco Rail & Engineering Limited, which will lend its expertise in building the Tel Aviv Metropolitan Area Mass-Transit System," the company said in a statement.
"Texmaco's role involves laying of tracks, installation of signaling, electrification, power sub-stations, and, command, control and communication equipment."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.