Globally Stocks Market News Update
Globally Stocks Market News Update
June 2, 2025 at 01:44 PM
📢 Frontier Springs Secures ₹292.6 Cr Order from Indian Railways Frontier Springs Ltd. has clinched a significant contract worth ₹292.6 crore (inclusive of GST) from Indian Railways for the supply of Air Spring Assemblies. These assemblies are destined for LHB coaches, known for their enhanced safety and comfort features. Key Details: 🔹Order Value: ₹292.6 crore (inclusive of GST) 🔹Clients: Rail Coach Factory, Kapurthala & Modern Coach Factory, Raebareli 🔹Product: Air Spring Assemblies with 160 KN capacity for LHB coaches 🔹Execution Timeline: Deliveries scheduled over upcoming quarters This order underscores Frontier Springs' pivotal role in advancing Indian Railways' modernization efforts, particularly in enhancing passenger comfort and safety through state-of-the-art suspension systems.

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