Concord Control Systems Honoured with Excellence in Railway Technology Award at ET Now Business Conclave & Awards 2026
Concord Control Systems Limited, a leading manufacturer of embedded electronic systems and critical solutions, received the Excellence in Railway Technology Award at the ET Now Business Conclave & Awards 2026. The recognition highlights the company's crucial role in developing advanced technology to enhance the safety, reliability, and operational efficiency of railway networks across India.The award was presented by Shri. Rushikesh Ganeshbhai Patel, Minister Energy and Petrochemicals, Panchayat and Rural Housing, Legislative and Parliamentary Affairs at the conclave held in Ahmedabad, Gujarat, on June 18, 2026. Mr. Nitin Jain, Joint Managing Director of Concord Control Systems Limited, received the honor on behalf of the company.
The recognition acknowledges Concord’s contribution to developing technology-driven solutions that support the ongoing transformation of Indian Railways into a more connected and efficient national network. By focusing on indigenous innovation and advanced engineering, Concord plays an active role in supporting this transition by delivering intelligent systems designed for modern railway operations.
Commenting on the achievement, Mr. Nitin Jain stated that the award is a proud moment for the entire team, reinforcing their commitment to continuously innovating and setting higher standards for safety and reliability. He emphasized that the recognition serves not merely as an accomplishment but also as a responsibility to drive innovation, bolstering the belief that Indian companies can develop world-class railway technologies.
Gaurav Lath, Joint Managing Director of Concord Control Systems Limited, added further context on technological advancement, noting that Concord has focused on innovative solutions such as battery and hydrogen-powered locomotives utilizing indigenous technology. He stated that their goal is to make railways greener and more sustainable, thus reducing dependence on diesel while embedding uncompromising safety into every product.
Concord Control Systems Ltd. specializes in the design, development, and manufacturing of embedded electronic systems and critical electronic solutions for Indian Railways. The company provides advanced electrical and electronic systems for next-generation railway infrastructure, offering capabilities across control systems, train electronics, signaling related electronics, and other vital rail applications. Concord is committed to building a scalable platform that supports India's modernization journey and expands its opportunities nationally and internationally.
Stock Price Movement
Concord Control Systems Ltd settled on Thursday at ₹2831.80, climbing 2.00% in post-market trading. The shares traded through the day, testing a low of ₹2781.00 before reaching an intraday high of ₹2880.05.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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