Concord Control Systems Increases Stake in Progota to 46.5%,
ECONOMY & POLICY

Concord Control Systems Increases Stake in Progota to 46.5%,

Concord Control Systems, a leading provider of embedded electronic and safety-critical systems for Indian Railways, has announced that its Board of Directors has approved an increase in its equity stake in Progota India to 46.5%. The investment reinforces Concord’s strategic focus on the commercialization and nationwide deployment of Kavach 4.0, India’s next-generation Automatic Train Protection (ATP) system.

Kavach 4.0 is India’s flagship rail safety technology, designed to prevent train collisions by automatically controlling speed and ensuring compliance with signal systems. The expanded partnership with Progota will enhance the supply chain, development capabilities, and operational readiness required to meet India’s ambitious rail modernization goals.

“This deepened partnership with Progota enables Concord to lead in delivering safer, smarter, and zero-emission rail transport solutions,” said Gaurav Lath, Joint Managing Director, Concord Control Systems Limited.

“With indigenously developed, SIL4-certified Kavach technology, we are aligning with one of India’s largest rail safety initiatives. This move strategically strengthens our foothold in the fast-growing ATP segment, which is projected to reach ?13–15 billion annually in India by FY26–28 and over $15 billion globally by 2025.”

Founded in 2021, Progota India specializes in advanced railway automation systems and is a key developer of Kavach-based technologies. The company's growing order book reflects increasing demand from Indian Railways across multiple zones.

This investment will combine Concord’s manufacturing and integration capabilities with Progota’s R&D expertise, accelerating the institutionalization and scalability of Kavach across India’s rail network. The partnership is expected to drive long-term shareholder value while expanding Concord’s role in train automation and digital signalling.

As part of its long-term modernization plans, Indian Railways aims to deploy Kavach across 10,000 locomotives and 34,000 route kilometers over the next six years—making it one of the largest ATP deployments globally.

This move also aligns with the Government of India’s ‘Atmanirbhar Bharat’ and ‘Make-in-India’ initiatives, positioning the Concord–Progota alliance as a key force in delivering homegrown safety technologies for India’s rapidly evolving rail infrastructure.

Concord Control Systems, a leading provider of embedded electronic and safety-critical systems for Indian Railways, has announced that its Board of Directors has approved an increase in its equity stake in Progota India to 46.5%. The investment reinforces Concord’s strategic focus on the commercialization and nationwide deployment of Kavach 4.0, India’s next-generation Automatic Train Protection (ATP) system. Kavach 4.0 is India’s flagship rail safety technology, designed to prevent train collisions by automatically controlling speed and ensuring compliance with signal systems. The expanded partnership with Progota will enhance the supply chain, development capabilities, and operational readiness required to meet India’s ambitious rail modernization goals. “This deepened partnership with Progota enables Concord to lead in delivering safer, smarter, and zero-emission rail transport solutions,” said Gaurav Lath, Joint Managing Director, Concord Control Systems Limited. “With indigenously developed, SIL4-certified Kavach technology, we are aligning with one of India’s largest rail safety initiatives. This move strategically strengthens our foothold in the fast-growing ATP segment, which is projected to reach ?13–15 billion annually in India by FY26–28 and over $15 billion globally by 2025.” Founded in 2021, Progota India specializes in advanced railway automation systems and is a key developer of Kavach-based technologies. The company's growing order book reflects increasing demand from Indian Railways across multiple zones. This investment will combine Concord’s manufacturing and integration capabilities with Progota’s R&D expertise, accelerating the institutionalization and scalability of Kavach across India’s rail network. The partnership is expected to drive long-term shareholder value while expanding Concord’s role in train automation and digital signalling. As part of its long-term modernization plans, Indian Railways aims to deploy Kavach across 10,000 locomotives and 34,000 route kilometers over the next six years—making it one of the largest ATP deployments globally. This move also aligns with the Government of India’s ‘Atmanirbhar Bharat’ and ‘Make-in-India’ initiatives, positioning the Concord–Progota alliance as a key force in delivering homegrown safety technologies for India’s rapidly evolving rail infrastructure.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement