Current Date: 17 Oct, 2024

Jash Engineering Secures ₹49 Crore in New Orders, Boosts Global Presence

Jash Engineering Limited has recently announced the acquisition of new orders worth ₹49 crore, further expanding its influence in both domestic and international markets. Of the total orders, ₹32 crore is allocated to international projects, while ₹17 crore pertains to domestic initiatives. The orders were officially revealed in August 2024.

With these new orders, Jash Engineering's consolidated order book has grown to an impressive ₹946 crore as of September 1, 2024. Out of this, ₹618 crore is linked to international markets, demonstrating the company's strong global footprint. A significant ₹371 crore of this is allocated specifically to projects in the USA, reinforcing Jash Engineering's presence in the North American market.

Domestically, the Indian market plays a substantial role in the company’s growth, contributing ₹328 crore to the total order book. These projects are likely to cover various sectors such as infrastructure, water management, and engineering, where Jash Engineering holds strong expertise.

In addition to the confirmed orders, the company is negotiating another ₹39 crore worth of deals. This includes ₹28 crore in the Indian market and ₹11 crore from international clients. These negotiations indicate a pipeline of opportunities that could further enhance Jash Engineering's order book in the coming months.

This acquisition of new orders indicates that Jash Engineering continues to secure tenders both domestically and internationally, further solidifying its reputation in the engineering solutions sector. The orders, currently in the tender stage, reflect a blend of finalized projects and deals awaiting formal contracts.

News by Rahul Yelligetti

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Source : Projxnews