Creative Newtech Secures Rs. 35.89 Crore Contract for FCI Smart Warehousing Project

Creative Newtech Secures Rs. 35.89 Crore Contract for FCI Smart Warehousing Project​

Mumbai, May 12, 2026: Creative Newtech Limited (NSE: CNL, BSE: 544631) has secured a major contract valued at Rs. 35.89 crore from the Food Corporation of India (FCI). This deal involves implementing the comprehensive FCI Smart Warehousing Project across 150 depots nationwide.

The initiative is a key component of the Government of India's goal to modernize the supply chain and strengthen food storage infrastructure. By integrating advanced technology, the project aims to improve monitoring, visibility, and operational control within India's food storage network.

Under the contract, Creative Newtech Limited will deploy a sophisticated smart warehousing infrastructure within the FCI depots. The scope of work is extensive, incorporating multiple technological solutions, including sensor modules, bag counting systems, boom barriers, gateway infrastructure, software platforms, surveillance systems, Artificial Intelligence (AI), and intelligent monitoring tools.

Project Implementation Details

The successful execution of the project will leverage Creative Newtech Limited's government domain experience, financial strength, and wide-ranging supply partner ecosystem. The company possesses the necessary capability to coordinate a rollout across 150 depots utilizing its presence of 31 offices and warehouses.

The project rollout is structured into two phases, with each phase covering 75 sites. The company is scheduled for final commissioning within 180 days, alongside providing an Annual Maintenance Contract (AMC) support for three years.

For Creative Newtech, this engagement is viewed as strategically significant, bolstering the company's standing in government-led digital infrastructure and smart technology deployment. It also expands its presence in high-growth sectors such as surveillance, AI, and intelligent warehousing solutions across logistics and public infrastructure.

Leadership Commentary

Commenting on the achievement, Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech Limited, stated that the project represents a significant responsibility as it supports a critical part of India's food supply chain. He emphasized that the firm is committed to ensuring a dependable, coordinated, and practical rollout at every site.

Mr. Patel added that the project provides a strong step towards larger public infrastructure technology projects, while also opening paths for future FCI, government, and PSU opportunities in smart infrastructure and logistics digitization, alongside mutually agreed international opportunities.

Company Profile

Established in 1992, Creative Newtech Ltd has established itself as a prominent entity in India's Information and Communication Technology (ICT) distribution market. The company utilizes an omni-channel network encompassing online, offline, and retail trade.

Creative Newtech specializes in market entry and penetration for global brands. Its services include providing demographic intelligence and executing marketing strategies for clients. The company's value-added business model is comprehensive, offering end-to-end solutions from market research and competition analysis for brands, to import, distribution, sales, and servicing.

The firm works with partners across various channels, including Large Format Retail (LFR), e-commerce, and specialized retailers. Its operational strength is supported by specialized training modules and promotional activities at the ground level, maintaining a wide reach and superior logistics capabilities that ensure services like warranty and post-warranty support.

CNL Stock Price Movement​

Shares of Creative Newtech Limited are shedding 6.31% in live trading, currently trading at ₹634.3 as of 3:07 PM. The stock moves on visible interest, processing 10,539 shares through the market today.