Exicom Power Solutions has secured a significant contract worth ₹1.58 crore from North Eastern Railways (NER), Indian Railways, to supply Vinyl Coated Upholstery Fabric (Artificial Leather) for both AC and Non-AC coaches. This domestic contract aims to provide 13,653 meters of fabric for AC coaches and 90,316 meters for Non-AC coaches, with the delivery deadline set for May 30, 2025.

The delivery will be made to North Eastern Railways' Gorakhpur facility, with 100% of the payment being processed upon receipt, inspection, and acceptance of the material at the destination. This structure ensures transparency in the transaction and guarantees product quality.

The contract’s significance is rooted in the rising demand for high-quality upholstery fabric in the railway sector, particularly with the ongoing upgrades in passenger amenities. As Indian Railways works towards modernizing its fleet of trains, the demand for durable and comfortable seating options has skyrocketed, making Vinyl Coated Upholstery Fabric an essential material for coach interiors.

Exicom's recent contract also underscores its growing presence in the manufacturing sector, where it has specialized in producing and supplying high-grade materials for various industries. This contract further cements the company's reputation as a reliable supplier for Indian Railways.

With a total contract value of ₹1,58,40,051.44 (Rupees One Crore Fifty-Eight Lakh Forty Thousand Fifty-One and Forty-Four Paise), this deal is a significant win for Exicom. It also highlights the company’s ability to secure large-scale contracts in a competitive domestic market. No involvement of the promoter group or any related party transaction has been reported, ensuring that the deal was made at arm's length, with complete adherence to regulatory standards.

The upholstery fabric supplied under this contract is crucial for the comfort and durability of passenger seating, especially in long-distance coaches. With AC coaches requiring premium-grade materials to meet higher comfort standards, Exicom's products are expected to enhance the travel experience for thousands of passengers.

Additionally, the growing emphasis on modernizing railway infrastructure in India has made contracts like these more frequent, positioning Exicom as a key player in fulfilling the requirements of Indian Railways.

By winning this contract, Exicom continues to demonstrate its commitment to high-quality manufacturing and timely delivery, ensuring that its products meet the stringent standards set by Indian Railways. The deal not only contributes to the company's financial growth but also to its growing reputation in the fabric and textile supply sectors.

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This contract is another example of Exicom’s strategic direction towards expanding its footprint within domestic markets. By meeting the evolving needs of Indian Railways, Exicom solidifies its position as a leading manufacturer and supplier in the industry.