
CWD Limited Secures INR 53.10 crores Major Order from CyanConnode
CWD Limited, a global leader in IoT design and manufacturing, has secured a substantial purchase order from CyanConnode Private Limited for the supply of Cellular NIC cards valued at INR 53.10 crores. This significant order underscores the growing collaboration between CWD Limited and CyanConnode, further solidifying their strategic partnership. The partnership builds on the success of their consortium for the Advanced Metering Infrastructure (AMI) services project in Goa. This substantial order is expected to significantly enhance CWD Limited's revenue pipeline, underscoring the company's expanding capabilities in high-volume manufacturing of technology-intensive products for the rapidly growing IoT and smart infrastructure markets.
Key Highlights
- CWD Limited secures INR 53.10 crores order from CyanConnode
- The order is for the supply of Cellular NIC cards for smart meters
- This order strengthens the strategic partnership between CWD Limited and CyanConnode
- The order is expected to enhance CWD Limited's revenue pipeline significantly
- CWD Limited is expanding its capabilities in high-volume manufacturing of technology-intensive products for the IoT and smart infrastructure markets