Mumbai Railway Vikas Corporation awards work order to Lloyds Engineering Works

New Delhi: Techno Industries Pvt. Ltd. (TI), which is an 88%-owned subsidiary of Lloyds Engineering Works Ltd, has announced that it has secured a Rs19.58 crore order from Mumbai Railway Vikas Corporation Limited.

The contract covers the design, manufacturing, supply, installation, testing, commissioning, and maintenance of escalators.

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With this significant award, TI’s confirmed order book now stands at Rs 82.86 crore. The Indian Railways sector offers vast and sustained growth opportunities, and this order serves as a significant entry point for TI to establish a strong, long-term presence in this high-potential Railway sector.

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The contract reflects the company’s strategic focus on broadening its geographical footprint, scaling its escalator and AMC businesses, and tapping into India’s expanding institutional infrastructure sector.

Lloyds Engineering Works Limited, incorporated in 1994, is a complete customised Process plant equipment-providing company in India.

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