StockWatch
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IT Enabled Services
Deals25 Jun 2026, 10:04 am

Onward Technologies Secures ₹33 Cr Engineering Contract

AI Summary

Onward Technologies Limited has secured an engineering services contract valued at approximately ₹33 Crore over three years. The contract involves launching a Dedicated Offshore Development Centre (ODC) for a leading global power management company, aimed at accelerating support for their Data Center Segment/Business Unit. This strategic engagement underscores the company's capabilities in providing R&D capacity and specialized engineering services to international clients.

Key Highlights

  • Secured ₹33 Crore engineering services contract over 3 years.
  • Will launch Dedicated Offshore Development Centre for a global firm.
  • Contract supports Data Center Segment/Business Unit.
  • Enhances R&D capacity for faster execution.
  • Engaged with a leading global power management company.