MoneyWorks4Me

Omax Autos gets revised order from Ministry of Railways

27 Apr 2017 Evaluate

Omax Autos has received revised contract from Ministry of Railways. Based on the performance of the company’s Railways Division during September 2016 to February, 2017, Railway Board has increased its ordered quantity of coaches for fitment of Bio-digester tanks to 3087 coaches from 1371 coaches earlier. The value of the increased order, net off earlier business awarded, is around Rs 60 crore.

Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.

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