INDO SMC Limited Secures ₹66.60 Crore Contract for VFD Panels

In a significant boost to its electrical equipment segment, INDO SMC Limited announced the receipt of a ₹66.60 crore purchase order (exclusive of taxes) from a prominent Indian engineering company. The agreement, finalized on July 21, 2026, features a tight execution window, with final delivery scheduled before July 31, 2026.

The contract covers the supply of advanced Variable Frequency Drive (VFD) panels—integrated switchgear and cooling assemblies designed to optimize electric motor speed and energy control. Management noted that winning this high-value order highlights the firm's proven track record, operational agility, and strong positioning within the domestic power solutions market.

News by Rahul Yelligetti.