Long Description

Parin Enterprises Limited, formerly known as Parin Furniture Limited, has announced a significant milestone with the award of a prestigious contract from the Ministry of Civil Aviation under the Airports Authority of India (AAI). This contract entails the supply of premium-quality airport furniture to Indore Airport, Madhya Pradesh.

The total value of the contract is ₹1.75 crore (Rupees One Crore Seventy-Five Lakhs Only).

Project Highlights

1. Scope of Work:
   The project involves supplying high-quality, durable furniture designed to meet the stringent standards of airport infrastructure. Parin Enterprises will focus on ensuring the furniture complements the aesthetic and functional requirements of Indore Airport.

2. Client:
   The Airports Authority of India (AAI), operating under the Ministry of Civil Aviation, is responsible for awarding the contract. AAI is known for its commitment to enhancing airport facilities across the nation.

3. Order Value:
   The contract has a value of ₹1.75 crore, marking a significant addition to Parin Enterprises’ portfolio in the institutional furniture segment.

Strategic Importance

This project positions Parin Enterprises Limited as a key player in providing state-of-the-art furniture solutions for India’s growing aviation infrastructure. Indore Airport, a vital hub in Madhya Pradesh, is undergoing significant upgrades to cater to increased passenger traffic and improve traveler experience.

The contract aligns with Parin Enterprises' long-term strategy to expand its footprint in the institutional and infrastructure sectors. The company’s expertise in delivering customized furniture solutions ensures its capability to meet the exacting demands of the aviation industry.

Operational and Financial Impact

• Revenue Boost:
  The ₹1.75 crore contract contributes to the company’s robust order book for FY 2024–25, strengthening its financial outlook.

• Brand Recognition:
  This project enhances Parin Enterprises' visibility as a trusted supplier in the government and institutional sectors, paving the way for future opportunities.

Company Statement

Binika Chudasama, Company Secretary & Compliance Officer of Parin Enterprises Limited, commented:
"We are honored to receive this contract from the Ministry of Civil Aviation and Airports Authority of India. This project underscores our commitment to delivering world-class furniture solutions tailored to institutional needs. We look forward to contributing to the enhanced passenger experience at Indore Airport."

Conclusion

With this latest achievement, Parin Enterprises Limited continues to solidify its position in the Indian furniture industry, especially in high-value institutional projects. The company remains committed to innovation, quality, and customer satisfaction as it expands its footprint in diverse sectors.

Stay tuned for further updates on Parin Enterprises’ projects and milestones.

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