- The company secures 17 orders worth Rs 18.63 cr to be implemented across the country
- The orders include provision of LED display systems and electronic indication boards to boost railway infrastructure
- The company has also bagged orders worth Rs 2.01 cr from various other players
MIC Electronics Limited, global leader in design, development & manufacturing of LED Video displays & high end Electronic & Telecommunication equipment has secured 17 different orders collectively worth Rs 18.63 cr from the Indian Railways in the second quarter of FY 2010-11 till date.
Of these 17 projects, most prominent include provision of a Video Train Information Display System for Eastern Railway and of Electronic Train Indication Board for Northern Railway worth Rs 2.78 cr and Rs 2.54 cr respectively.
Others include provision of Information Display Systems, Electronic Coach Indication Board and Coach Guidance Display for South Western, Northern, Central, North Frontier and other Railways. These orders range from Rs 20 lacs to Rs 1.32 cr.
The company has also bagged orders from various other players for the supply of street lights. Sterling Gelation would be the first major SEZ in the country to be lit with LED Lights. TVS, in a drive to adopt green & eco friendly technologies has given an order worth Rs 31 lacs to MIC Electronics.
Commenting on the achievement, Mr. M V Ramana Rao, Chairman & Managing Director said, “We are overwhelmed to receive prestigious orders from the Indian Railways. Along with this, we also have the order for supply of LED Screens for Common Wealth Games 2010 & MOA with BTGES. With such activities, we are hopeful for another successful financial year ahead.”
ABOUT MIC ELECTRONICS LTD:
MIC Electronics Limited is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
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Today, MIC's flagship products are LED Video Displays (indoor / outdoor / mobile), that have become an integral part of Sports Stadiums, Transportation Hubs, Digital Theatres and Theme Parks, Advertisements and Public Information Displays.
Headquartered at one of the fastest emerging IT cities, Hyderabad (India), it has nationwide presence in the form of a vast network of marketing, sales and service support centers in all metros of India. To meet the demand of its products worldwide, it has offices in Australia, Korea and USA. Now the company is gradually setting up operations in other international markets.