Rico Auto Industries Ltd. has received approval from the Research Designs and Standards Organisation (RDSO) to manufacture SGCI inserts, a critical railway component. The company has also established a dedicated business vertical for railways, marking a strategic diversification into infrastructure and transport, with production already underway at its facilities.
Rico Auto Industries Ltd., a leading auto component manufacturer, has announced a significant milestone in its diversification strategy. The company has been awarded approval by the Research Designs and Standards Organisation (RDSO) to manufacture SGCI (Spheroidal Graphite Cast Iron) inserts, essential for railway track systems.
In addition, Rico Auto has set up a separate business vertical dedicated to the railway sector, underscoring its commitment to expanding beyond automotive into infrastructure and transport. This move positions the company to tap into India’s growing railway modernization and expansion projects.
Key Highlights
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RDSO Approval: Rico Auto gains certification to manufacture SGCI inserts, a critical railway component.
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New Business Vertical: A separate division established to focus exclusively on railway products.
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Production Facilities: Manufacturing underway at the company’s Dharuhera plant, supplying components for tracks, wagons, and carriages.
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Strategic Diversification: Expansion beyond automotive into railways to capture new growth opportunities.
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Sector Impact: Aligns with India’s push for railway modernization and infrastructure upgrades.
This development marks a new growth track for Rico Auto, strengthening its portfolio and opening doors to long-term opportunities in India’s railway ecosystem.
Sources: RDSO guidelines; MarketSetup; FilingReader.