India’s electronic and electrical engineering manufacturing sector is rapidly expanding, driven by a growing demand for advanced technologies in industries like telecommunications, automotive, and energy.
Leading companies like Bharat Electronics, Siemens India, and ABB India are contributing significantly to this growth, while new players emerge in areas like consumer electronics, renewable energy solutions, and electric vehicles (EVs). The government’s push, through initiatives like “Make in India” and the National Policy on Electronics (NPE), aims to boost domestic manufacturing, reduce imports, and create jobs.
Additionally, incentives such as the Production-Linked Incentive (PLI) scheme are fostering investment in high-tech areas like semiconductors and solar energy. The shift towards renewable energy, electric mobility, and automation offers immense growth opportunities, positioning India as a global hub for electronic and electrical manufacturing.
Share Price
The shares of Anlon Technology Solutions Ltd are currently trading at Rs. 340 down by 0.42% from its previous close of Rs. 341.45 as of November 27, 2024.
Recent Updates
Anlon Technology Solutions Ltd (ATSL) has secured an order from Navi Mumbai International Airport Private Limited (NMIAL) worth INR 91.11 Lakhs excluding GST. The contract includes the supply, installation, testing, commissioning, training, and handover of two Line Lazer Machines, along with associated works. ATSL is expected to complete the entire execution, including the initial stages, within two months from the date of the Letter of Acceptance (LOA).
Additionally, the company will provide a 2-year Defects Liability Period (DLP) starting from the date of commissioning and a 3-year Comprehensive Annual Maintenance Contract (CAMC), for which a separate agreement will be executed during the project. The consideration for the CAMC shall not exceed INR 22.49 Lakhs excluding GST.
About the Company
Incorporated in 2015, Anlon Technology Solutions Ltd (ATSL) is a prominent provider of engineering services, training, consultancy, advisory, and research and development across various industries. ATSL specializes in a range of sectors, including automotive equipment, mobile fire fighting and rescue systems, runway rubber removal machines, airport baggage and cargo handling, road cleaning equipment, and power transmission systems.
The company has strong associations with international OEMs, offering innovative solutions for both on-highway and off-highway vehicles, including construction and mining equipment. ATSL also provides spare parts distribution and after-sales services for the equipment supplied by its partners.
The company works closely with major Indian airports, including those in Delhi, Mumbai, and Bangalore, as well as refineries and municipal corporations, maintaining long-term Annual Maintenance Contracts (AMCs) for its services and equipment.
Conclusion
The latest work order secured by Anlon Technology Solutions Ltd (ATSL) from Navi Mumbai International Airport Private Limited (NMIAL) highlights the company’s strong capabilities and growing footprint in the electronic and electrical engineering manufacturing sector.
As the Indian government continues to drive initiatives like “Make in India” and the National Policy on Electronics, ATSL is well-positioned to capitalize on emerging opportunities in high-tech areas such as automation, renewable energy, and electric mobility.
The company’s diversified service offerings, strategic partnerships with global OEMs, and established presence in key industries position it as an attractive player in the dynamic Indian manufacturing landscape. This new contract further strengthens ATSL’s order book and demonstrates its ability to deliver value-added solutions to its clients.
Written By: Dipangshu Kundu
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
