Concord Control Systems Acquires Fusion Electronics

03 Nov 2025 CW Team

Concord Control Systems, a leading manufacturer of embedded and critical electronic systems, has acquired Fusion Electronics Private Limited, signalling its entry into India’s high-value flex printed circuit board (PCB) manufacturing segment.

Fusion Electronics, India’s largest flex PCB manufacturer, has an installed capacity of 200,000 sq m annually and a revenue potential of about Rs 200 crore at full capacity. Established in 1994, it operates with EBITDA margins exceeding 20 per cent and serves global clients in luxury automotive, industrial, and electronics sectors.

“This acquisition is a landmark step towards our vision of becoming a global EMS leader,” said Gaurav Lath, Joint Managing Director, Concord Control Systems. “Fusion’s expertise and advanced infrastructure align perfectly with our ambitions to deliver quality, innovation, and an expanded product portfolio across railway and industrial electronics.”

The acquisition supports Concord’s broader vision to develop a high-value Electronics Manufacturing Services (EMS) and railway ecosystem in India. The company plans to fully commercialise its Lucknow facility by end-2025 and double capacity within three years, advancing into Surface Mount Technology (SMT), box build, and railway electronics solutions.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..