TIL has secured over ₹200 crore in new contracts from the Container Corporation of India (CONCOR) and the Indian Armed Forces, marking a major boost to its logistics and defence portfolios.
The company won a ₹66.75 crore order from CONCOR for the design, manufacture, and supply of 25 reach stackers for deployment across its container freight network. In addition, TIL received ₹110 crore in defence contracts from the Indian Army and Air Force for nearly 170 military cranes, engineered for diverse operational conditions and to be manufactured at its facilities in eastern India. These projects will be supported by TIL’s extensive aftermarket service network, which serves over 200 customers.
TIL President Alok Kumar Tripathi said the new orders affirm the company’s ability to meet both India’s commercial infrastructure needs and critical defence requirements with “equal engineering excellence.”
News by Rahul Yelligetti.