Oriental Rail Infrastructure’s Wholly Owned Subsidiary -- Oriental Foundry has secured order worth Rs 432 crore from Railway Board, Indian Railways. The order is for manufacturing and supplying of 1,200 BVCM-C Wagons.
The 90% of total cost will be received against Inspection Certificate issued by the RDSO as specified in the contract and proof of dispatch/delivery of the material and Balance 10% after receipt, inspection and acceptance of the goods.
Oriental Rail Infrastructure is engaged in the manufacture and distribution of wood-based decorative products.
