Concord Control Systems Limited (BSE: CNCRD), a manufacturer of embedded electronic systems and a critical electronic solutions company, has secured an order worth ₹84.68 crore from Indian Railways through its wholly owned subsidiary, Advanced Rail Controls Private Limited.
The contract involves the supply, installation, and commissioning of Loco Wireless Control Systems, aimed at enhancing operational efficiency, safety, and remote control capabilities in railway operations, with the project expected to be executed over a period of 18 months.
Speaking on the development, Nitin Jain, Joint Managing Director of Concord Control Systems Limited, said, “We are honoured to partner with Indian Railways on this important project. This order underscores the trust placed in our technological capabilities and execution strength. Loco wireless control systems are pivotal in driving efficiency and safety, and we remain committed to delivering high- quality solutions that support the modernization of India’s railway infrastructure.”
“This win marks another milestone in our growth journey and strengthens our position in the railway electronics and control systems domain. Through our subsidiary, Advanced Rail Controls Private Limited, we are well-positioned to deliver innovative and reliable solutions that align with the evolving needs of Indian Railways,” Gaurav Lath, Joint Managing Director of Concord Control Systems Limited, added.