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EXPANSION POSITIVE 8/10
Aurionpro Wins Multi-Million Dollar Mumbai Metro Line 5 Order for Platform Screen Door Systems
Aurionpro Solutions has secured a significant multi-year, multi-million-dollar contract from Titagarh Rail Systems for Mumbai Metro Line 5. This order marks the company's strategic entry into the safety-critical Platform Screen Door (PSD) market, expanding its total addressable market in the smart transit sector. The project, involving design, supply, and long-term maintenance, will be executed in consortium with KTK Group. This win further consolidates Aurionpro's presence in the Mumbai metro ecosystem, following previous successes with Lines 4 and 4A.
Key Highlights
Secured a multi-million-dollar order from Titagarh Rail Systems for Mumbai Metro Line 5. Marks entry into the Automatic Platform Screen Door (PSD) market, a new high-tech segment for the company. Project includes design, supply, commissioning, and long-term maintenance in consortium with KTK Group. Manufacturing will be supported by the company's Ghaziabad facility under the 'Make in India' initiative. Strengthens the company's urban mobility portfolio, which already includes Mumbai Metro Lines 4 and 4A.
💼 Action for Investors Investors should view this as a strong positive as it demonstrates Aurionpro's ability to diversify its high-tech offerings and secure large-scale infrastructure orders. Monitor the execution of this multi-year contract for its contribution to long-term revenue visibility and margin improvement.