Artefact Projects Ltd has announced the award of a new contract worth Rs 32.3 million, reinforcing its position in India’s infrastructure consultancy sector. The project win highlights the company’s continued ability to secure government-backed assignments and expand its portfolio in transport and urban development projects.
The contract, valued at Rs 32.3 million, is expected to cover consultancy services for infrastructure planning and execution. Artefact Projects, headquartered in Indore, has a track record of delivering engineering and project management solutions across highways, bridges, and urban infrastructure. Analysts note that the latest contract strengthens its order book and provides visibility for revenue growth in the coming quarters. The company has consistently focused on government and public sector projects, aligning with India’s infrastructure expansion goals.
Notable updates
• Artefact Projects Ltd secures Rs 32.3 million consultancy contract
• Project scope includes infrastructure planning and execution services
• Strengthens company’s order book and revenue visibility for upcoming quarters
• Artefact has a strong track record in highways, bridges, and urban development projects
• Win aligns with India’s broader infrastructure growth and modernization agenda
Major takeaway
The Rs 32.3 million contract win underscores Artefact Projects’ steady role in India’s infrastructure consultancy space, bolstering its growth trajectory and reinforcing its alignment with national development priorities.
Sources: Business Standard, Moneycontrol, Economic Times