| Railway Engineering and Infrastructure Services | Design, supply, installation, testing, and commissioning of rail signaling, telecommunication and electrification systems; turnkey projects. | Integrated service delivery, in-house R&D, strategic client relationships with Indian Railways and urban transit authorities. | Indian Railways, Metro Rail Corporations, PSUs, corporate sidings; primarily B2B clients. | Signaling system design, manufacturing through subsidiary, turnkey project management. | 251 | 100 | Project contracts, engineering services, installation fees, and maintenance contracts. | Project-based billing with potential recurring maintenance revenue. | Government railway modernization, metro expansions, 100% electrification programs. | |
