Published On:January 8 2024
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"Frontier Springs Ltd Secures Rs. 52.20 Crore Order for Air Springs Supply"

Frontier Springs Limited, a distinguished manufacturer with a rich history of over 40 years supplying Coil Springs to Indian Railways, has reached a noteworthy achievement by securing a substantial order valued at around Rs. 52.20 crores. This pivotal order encompasses the delivery of 894 sets of air springs and marks a momentous milestone in the company's trajectory.

Kapil Bhatia, the Managing Director, conveyed his excitement regarding the successful contract bid, stating, "The recent approval from If for our newly established plant dedicated to Air Springs, in collaboration with Contitech Germany, paved the way for significant orders like the one received yesterday. Our team is fully prepared to meet the demands of this order, and we eagerly anticipate potential future opportunities. With monthly supply commitments, our objective is to fulfill the order by the conclusion of this calendar year."

This substantial order not only serves as a noteworthy accomplishment for Frontier Springs Ltd but also solidifies its dedication to being a prominent player in the supply chain of Air Springs to Indian Railways. It accentuates the company's standing as a reliable and quality-focused supplier within the market.

EQUITYBULLS





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