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Marine Electricals Bolts Ahead—₹143.3M in Orders Lights Up Defense & Industrial Sectors

Updated: July 07, 2025 13:39

Image Source: www.marineelectricals.com
Marine Electricals (India) Ltd., a leading integrated technical services provider in electrical automation and marine systems, has announced that it has secured new orders worth ₹143.3 million (₹14.33 crore). The orders span across defense and industrial sectors, reinforcing the company’s growing presence in high-value, mission-critical projects.
 
Order Highlights
  • The orders include contracts for electrical and automation systems for naval and shipbuilding projects.
  • These wins are part of Marine Electricals’ ongoing collaborations with major clients such as Mazagon Dock Shipbuilders and Garden Reach Shipbuilders & Engineers (GRSE).
  • The company will supply integrated bridge systems, power distribution panels, and automation solutions for multiple shipsets under Indian Navy projects.
Strategic Impact
  • These orders are expected to be executed over the next 12–24 months, contributing to the company’s revenue visibility and order book strength.
  • Marine Electricals continues to benefit from India’s Make in India and Atmanirbhar Bharat initiatives, especially in the defense and marine sectors.
  • The company has also been expanding its footprint in renewable energy and industrial automation, diversifying its revenue streams.
Management Commentary
“These orders reaffirm our position as a trusted partner in India’s defense modernization and industrial automation journey,” said a company spokesperson. “We remain committed to delivering cutting-edge, indigenously developed solutions that meet global standards.”
 
Sources: CNBC TV18, Screener, Investing.com

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