Business Update30 May 2026, 07:21 pm
Concord Control Systems Wins ₹279.90 Cr Order from Indian Railways
AI Summary
Concord Control Systems Ltd announced that its associate company, Progota India Private Limited, secured a ₹279.90 crore order from Indian Railways for the supply, installation, testing, and commissioning of onboard KAVACH 4.0 loco equipment. The order, domestic in nature, is slated for execution within 12 months. This achievement strengthens Concord's position in India's railway safety, signalling, and train protection ecosystem, reinforcing its role as a key technology partner to Indian Railways.
Key Highlights
- Concord wins ₹279.90 Cr KAVACH 4.0 order via Progota India from Indian Railways.
- The order involves supply, installation, testing, and commissioning of KAVACH 4.0 equipment.
- Execution of the order is expected within 12 months.
- This order strengthens Concord's position in railway safety and signalling.
- KAVACH is a critical safety initiative of Indian Railways.
Price Impact
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