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Aurionpro Secures Key Smart Transit Order with Delhi Metro

Updated on: Dec 31, 2024, 12:48 PM IST
Aurionpro Solutions has secured a key order from DMRC to provide Automated Fare Collection technology and solutions for its Phase I, II, and III networks.
Aurionpro Secures Key Smart Transit Order with Delhi Metro
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Aurionpro Solutions Limited informed the exchanges that it has secured a significant order from Delhi Metro Rail Corporation (DMRC).

Details of the Order

This contract involves providing Automated Fare Collection (AFC) technology and related solutions, including automated gates, validators, and card readers, for various sectors across DMRC’s Phase I, II, and III networks. These AFC gates will be completely manufactured in India at Aurionpro’s cutting-edge facility in Ghaziabad, in line with the government’s “Make in India” initiative.

The company stated that this key project strengthens Aurionpro’s position as a trusted partner in the smart transit sector, reflecting its dedication to delivering high-quality, locally produced solutions for one of the world’s largest metro systems. Delhi Metro, being a pioneer in India’s metro rail services, sets a benchmark for urban transit, and Aurionpro’s involvement highlights its reputation for innovative and reliable solutions in this field.

Commenting on this order win, the President and Global Head of Tech Innovation Group at Aurionpro Solutions, Sanjay Bali, said, “We are honoured to partner with Delhi Metro Rail Corporation, a pioneer and symbol of excellence in India’s urban transit systems. This prestigious project not only reinforces our growing presence and acceptance as a major player in the Indian smart transit space but also highlights our commitment to innovation and ‘Make in India’ through locally manufactured solutions.”

He further added, “The gates, validators, and payment card readers to be delivered under this project are robust, indigenously developed Aurionpro products. Following our recent success in Chennai, this win with Delhi Metro marks a significant milestone, highlighting our expanding footprint on the metro map of India and the globe.”

On December 30, 2024, Aurionpro Solutions share price opened at ₹1,748.00, touching the day’s low at ₹1,672.80, as of 11:51 AM on the NSE.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Dec 30, 2024, 12:29 PM IST

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