Deals21 Sept 2026, 03:06 pm
Onward Technologies Renews Digital Services Contract for ₹44.46 Cr
AI Summary
Onward Technologies Limited has announced the renewal of a multi-year Managed Digital Services contract with a leading global manufacturer of construction and mining equipment. The renewed contract has an increased scope and is valued at ₹44.46 Crores, extending from August 2026 to August 2029. This represents a 72% increase in value compared to the previous contract. The services will include application development, cloud-native engineering, microservices, API development, DevOps, testing, deployment, and integration for the client's global e-commerce and aftermarket business platforms.
Key Highlights
- Contract renewal valued at ₹44.46 Crores over three years.
- Scope increased by 72% compared to the previous contract.
- Services include digital engineering for e-commerce and aftermarket platforms.
- Contract tenure is from August 2026 to August 2029.
- Demonstrates continued customer confidence in Onward Technologies.
Price Impact
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