Concord Secures Rs 846.8 mn Order From Indian Railways

31 Mar 2026 CW Team

Concord Control Systems Limited, through its wholly owned subsidiary Advanced Rail Controls Private Limited, has secured an order worth Rs 846.8 million (mn) from Indian Railways for the supply, installation and commissioning of loco wireless control systems. The contract is to be executed over 18 months and forms part of efforts to modernise and automate railway operations.\n\nThe systems are intended to enhance operational efficiency, safety and remote control capabilities, enabling more effective monitoring of locomotive performance. They are expected to support remote diagnostics and faster fault resolution, which can contribute to reduced downtime and improved service reliability. The deployment should also support predictive maintenance and provide data for operations planning.\n\nConcord said the order reflects trust in its technological capabilities and execution strength and that it is committed to delivering high quality solutions to support the modernisation of India's railway infrastructure. The company added the win reinforces its position in the railway electronics and control systems domain.\n\nAs a BSE listed company, Concord is a leading manufacturer of embedded electronic systems and a Research Designs and Standards Organisation (RDSO) approved original equipment manufacturer. The company emphasised alignment with the government's Gati Shakti initiative and highlighted research and development, testing and manufacturing facilities that aim to ensure zero defect production and environmentally responsible practices.\n\nThe company said its portfolio of robust systems is tailored for extreme railway environments and that it aspires to expand into international markets. A cautionary statement noted that forward looking statements are subject to risks and uncertainties and advised readers not to place undue reliance on them.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..