Concord subsidiary secures ₹139.32 crore Indian railways order
Concord Control Systems Limited announced that its wholly-owned subsidiary, Advanced Rail Controls Private Limited, has secured a major order from Indian Railways. The order, valued at ₹139.32 crore, is for the supply, installation, and commissioning of a locomotive wireless control system, a critical technology for enhancing locomotive operations. This contract underscores Concord's rising prominence and dedication to improving railway safety and efficiency.
The execution of this domestic order is expected to be completed within 18 months from the commencement date. Nitin Jain, joint managing director of Concord Control Systems Limited, highlighted that this landmark order reflects the company's commitment to delivering cutting-edge technology aligned with the nation's infrastructure vision.
Concord Control Systems Limited is a leading manufacturer of embedded electronic systems and critical electronic solutions for India's next-generation rail infrastructure. The company is an RDSO-approved OEM and technology leader for advanced electrical and electronic systems for Indian Railways.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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