| Railway Overhead Electrification | Design, supply, erection, and commissioning of traction overhead equipment and substations for Indian Railways. | Strong government relationships, technical expertise, approved vendor ecosystem, and extensive national presence. | Primarily Indian Railways and associated government entities; B2B focus. | Efficient project execution and favorable price adjustments. | 135 | 84 | Project contracts and engineering services billed on milestone completions. | Contract-based with price variation mechanisms for materials and labor. | Government infrastructure spending, modernization projects, and expansion of railway network. | |
| Edible Oils | Extraction and marketing of rice bran oil from owned manufacturing facility. | Manufacturing capacity and group company trading support with plans to divest majority stake. | Retail and wholesale customers; B2C and B2B. | Value-added refined oils. | 29 | 16 | Sales of edible oil products in domestic and export markets. | Direct sales subject to market price fluctuations. | Product stabilization post-plant commissioning and market development efforts. | |
| Merchant Exports | Export of food and other products leveraging company and group logistics. | | International importers and distributors; B2B. | | 0 | 0 | Export sales transactions. | Transactional export sales. | New business line development in 2022, expected growth in exports. | |
