Aurionpro Solutions Secures Major Mumbai Metro Line 5 Contract

TRANSPORTATION
Whalesbook Logo
AuthorRiya Kapoor|Published at:
Aurionpro Solutions Secures Major Mumbai Metro Line 5 Contract
Overview

Aurionpro Solutions Limited has secured a significant multi-year order from Titagarh Rail Systems Limited for the design, supply, and maintenance of Platform Screen Door (PSD) systems for Mumbai Metro Line 5. This multi-million-dollar deal marks the company's strategic entry into safety-critical automatic PSD solutions, bolstering its urban mobility offerings. The win follows recent success with Delhi Metro Rail Corporation.

Aurionpro Solutions Limited is expanding its footprint in the critical urban infrastructure sector with a substantial new contract.

Entry into Safety-Critical Metro Solutions

The company announced on Tuesday, January 27, that it has secured a multi-year order from Titagarh Rail Systems Limited to implement Platform Screen Door (PSD) systems for the Mumbai Metro Line 5 project. This engagement is poised to be one of the largest in Aurionpro’s Smart Transit portfolio and represents a significant diversification into safety-critical automatic PSD solutions. The project will be executed in consortium with KTK Group Co. Ltd.

Expanding Urban Mobility Portfolio

This new contract strengthens Aurionpro's position in India's burgeoning metro rail market. It builds upon the company's prior successes within Mumbai's metro network, including earlier orders for Metro Lines 4 and 4A. The addition of PSD systems broadens Aurionpro's addressable market across various transit applications, including railways and Bus Rapid Transit Systems (BRTS). These systems are designed to enhance passenger safety, station comfort, and operational efficiency, particularly vital for high-traffic, automated metro lines.

Strategic Growth and Financial Outlook

Sanjay Bali, President – Tech Innovation Group at Aurionpro, highlighted the company's sustained investment in research and development and its state-of-the-art manufacturing capabilities at its Ghaziabad facility, aligning with the 'Make in India' initiative. This move aligns with Aurionpro's ambitious goal to become a top-three global player in its core technology segments by 2030. The company anticipates maintaining a strong growth trajectory of approximately 32–33% compound annual growth rate (CAGR) since fiscal year 2020-21. CEO Ashish Rai previously projected that this momentum could drive revenues to ₹5,000 crore by fiscal year 2029-30.

Earlier in January, Aurionpro secured a ₹150 crore order from Delhi Metro Rail Corporation (DMRC) for Automated Fare Collection (AFC) systems for the Bhopal and Indore Metro projects, demonstrating consistent order wins.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.