Deals13 Oct 2026, 07:30 am
Airfloa Rail Secures ₹34.85 Cr Vande Bharat Sleeper Contract
AI Summary
Airfloa Rail Technology Limited, as the lead member of a consortium with Italy-based BLUE Engineering S.r.l., has received a Letter of Acceptance (LOA) from Integral Coach Factory (ICF), Chennai, for the interior design of the Vande Bharat sleeper trainset. The contract is valued at ₹34.85 crores and includes ₹30.93 crores for interior design and ₹3.93 crores for associated development work. The project is scheduled for completion within 12 months. This marks Airfloa as the first Indian company to secure an interior design contract of this magnitude for Indian Railways, strengthening its position in the railway sector.
Key Highlights
- Secured ₹34.85 Cr contract for Vande Bharat sleeper trainset interior design.
- First Indian company to win such a large interior design contract.
- Project scope includes design and associated development work.
- Contract to be completed within 12 months.
- Strengthens Airfloa's presence in the Indian railway sector.
Price Impact
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