Artefact Projects Ltd has secured a new project with contracted fees of ₹4.6 million, excluding GST. The deal strengthens its order book and highlights its expertise in consultancy and project management. Analysts see this as a growth catalyst, reinforcing Artefact’s role in India’s infrastructure modernization drive.
Artefact Projects Ltd, a prominent infrastructure consultancy and project management firm, has announced the successful acquisition of a new project with contracted fees of ₹4.6 million, excluding GST. This development highlights the company’s continued momentum in expanding its portfolio of engineering and consultancy assignments across India.
Contract Details
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The newly awarded project carries fees worth ₹4.6 million, excluding applicable GST.
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The scope of work involves specialized consultancy and project management services, reinforcing Artefact’s expertise in infrastructure solutions.
Strategic Importance
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The contract strengthens Artefact’s order book visibility, adding to its pipeline of ongoing projects.
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It underscores the company’s ability to secure steady revenue streams through diversified assignments.
Market Impact
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Analysts view the win as a positive growth driver, reflecting Artefact’s strong positioning in India’s infrastructure consultancy sector.
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The project aligns with India’s broader push for modernization and efficient project execution, creating opportunities for firms with proven track records.
This contract win reinforces Artefact Projects’ role as a trusted partner in infrastructure development, while enhancing its financial outlook.
Sources: Economic Times, Business Standard, Moneycontrol