The contract pertains to the supply, installation and commissioning of a locomotive wireless control system, a critical technology aimed at enhancing locomotive operations, safety and efficiency.
The order has been awarded by Indian Railways, with execution scheduled to be completed within 18 months from the date of commencement.
Backed by strong support from Indian Railways and the accelerating monetisation of railway infrastructure modernisation, the company expects this order to contribute meaningfully to its growth trajectory.
The development underscores Concord Control Systems’ growing prominence in the rail technology segment and its continued focus on delivering advanced solutions for the railway ecosystem.
Nitin Jain, Joint Managing Director of Concord Control Systems, 'This landmark order for locomotive wireless control systems marks a transformative step in modernizing Indian Railways. It reflects our unwavering commitment to delivering cutting-edge technology that enhances safety, efficiency, and reliability in rail operations, aligning perfectly with the nation's infrastructure vision. We are proud to contribute to India's rail transformation and look forward to executing this project with excellence.”
Concord Control Systems engaged in the business of Electrical Machinery for Indian Railways and allied products.
The company reported a 76.8% surge in consolidated net profit to Rs 22.65 crore, driven by a 90% jump in revenue to Rs 124.46 crore in FY25, compared with FY24.
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