| Manufacturing | Production of railway electronic products like regulators, battery chargers, inverters, alternators, and traction motors. | Technical expertise in railway-grade electronic components and established manufacturing facilities. | B2B customers primarily Indian Railways and associated contractors. | Microprocessor-based control systems and permanent magnet alternators. | 84 | 59 | Revenue from sale of manufactured railway electronic components. | Project-based sales and contracts. | Increasing railway electronic equipment demand due to modernization. | |
| Contract | Turnkey projects for railway electrification including design, supply, erection, testing, and commissioning. | Integrated solutions provider with specialized expertise in railway electrification projects. | B2B segment serving Indian Railways and infrastructure agencies. | Turnkey delivery of 25 kV AC overhead equipment and traction substations. | 59 | 41 | Contract revenue from railway electrification services. | Fixed-price contracts for turnkey solutions. | Infrastructure expansion and upgrading of rail electrical systems. | |
