Comments
G.G. Tronics India Private Limited, a subsidiary of CG Power and Industrial Solutions Limited, has secured a prestigious order from Chittaranjan Locomotive Works for KAVACH railway safety equipment, the company announced today.
The shares of CG Power and Industrial Solutions Limited were trading at ₹758.90, up ₹23.45 or 3.19 per cent on the NSE today at 12:15 p.m.
The order, valued between ₹500-600 crores, involves supplying, installing, testing, and commissioning onboard KAVACH equipment for Indian Railways. The project includes complete wiring, harnessing, cabling, and connection with the Loco KAVACH system, with an execution timeframe of one year.
Headquartered in Bengaluru, G.G. Tronics specializes in electronic safety and embedded signalling systems for railway transportation. The company is a developmental vendor for the Train Collision Avoidance System (KAVACH), part of the Indian Railways’ safety modernization efforts.
CG Power, the parent company, is an engineering conglomerate with industrial and power systems businesses. With manufacturing plants across nine locations in India and one in Sweden, the company reported a consolidated revenue of ₹8,046 crores for fiscal year 2024. The company has been part of the Murugappa Group since November 2020.
This order reinforces G.G. Tronics’ position in the critical railway signalling and safety equipment sector.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.