Magellanic Cloud Ltd announced that its subsidiary, Provigil Surveillance, has received a Letter of Acceptance (LOA) from Central Railway Nagpur for an order worth ₹53.6 million. The project underscores the company’s growing presence in railway security solutions, reinforcing its role in India’s expanding surveillance and infrastructure safety ecosystem.
Magellanic Cloud Ltd, a technology and surveillance solutions provider, has strengthened its portfolio with a significant order from Central Railway Nagpur. The company’s subsidiary, Provigil Surveillance, will execute the project, highlighting its expertise in advanced monitoring systems and commitment to enhancing public safety infrastructure.
Key Highlights:
-
Order Value: ₹53.6 million, awarded to Provigil Surveillance.
-
Client: Central Railway Nagpur, a critical division of Indian Railways.
-
Scope of Work: Deployment of surveillance and monitoring solutions to enhance railway safety and operational efficiency.
-
Strategic Importance: Reinforces Magellanic Cloud’s positioning in India’s railway and infrastructure security sector.
-
Growth Outlook: Expands the company’s footprint in government contracts, supporting long-term revenue visibility.
This order reflects the increasing reliance on advanced surveillance technologies to secure critical infrastructure. For Magellanic Cloud, it marks another milestone in building a robust presence across India’s transport and public safety ecosystem.
Sources: Reuters, Economic Times, Business Standard, Moneycontrol