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Tuesday, May 22nd

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MIC Electornics bags orders worth 20.64 crores

MIC Electronics

Mumbai: MIC Electronics Limited, global leader in design, development & manufacturing of LED Video displays & high end Electronic & Telecommunication equipment has secured 17 different orders collectively worth 18.63 Crores from the Indian Railways in the first quarter of FY 2010-11 till date.

Of these 17 projects, most prominent include provision of a Video Train Information Display System for Eastern Railway and of Electronic Train Indication Board for Northern Railway worth 2.78 Crores and 2.54 Crores respectively.

Others include provision of Information Display Systems, Electronic Coach Indication Board and Coach Guidance Display for South Western, Northern, Central, North Frontier and other Railways. These orders range from 20 Lakhs to 1.32 Crores.

The company has also bagged orders from various other players for the supply of street lights. Sterling Gelation would be the first major SEZ in the country to be lit with LED Lights. TVS, in a drive to adopt green & eco friendly technologies has given an order worth 31 Lakhs to MIC Electronics Limited.

Commenting on the achievement, Dr. M V Ramana Rao, Chairman & Managing Director said, "We are overwhelmed to receive prestigious orders from the Indian Railways. Along with this, we also have the order for supply of LED Screens for Common Wealth Games 2010 & MOA with BTGES. With such activities, we are hopeful for another successful financial year ahead."