Hirect Secures First U.S. Order for Traction Motor Assemblies, Expanding Global Footprint

Hirect Secures First U.S. Order for Traction Motor Assemblies, Expanding Global Footprint​

HIRECT has secured its first order from the United States for Traction Motor Assemblies, marking a significant milestone as the company enters the U.S. market. This contract reinforces HIRECT’s commitment to expanding its international presence and opens new avenues for customer relationship building in the North American market. The order is scheduled for delivery during FY27.

The achievement underscores HIRECT's long-term strategy focused on gradually increasing its global footprint through sustained engagement with clients across various international markets. The company continues to concentrate on leveraging its core strengths, including engineering expertise and manufacturing capabilities, to generate new growth opportunities globally.

Company Overview and Capabilities​

HIRECT Limited, formerly known as Hind Rectifiers Limited, was established in 1958 in partnership with Westinghouse, Brake & Signal, UK. With over 66 years of operation, the company has grown into a major entity within the engineering and manufacturing sectors. HIRECT maintains a workforce of 950 employees across two manufacturing facilities located in Nashik and Bhandup, India.

The company's global reach extends to exports to over 30 countries, with established offices situated in India, Sweden, and the UAE.

Specialized Products and Market Segments​

HIRECT is highly recognized for designing and manufacturing a diverse range of power electronics equipment. Its product portfolio includes Power Converters, Control Electronics, Transformers, Rectifiers, Inverters, Motors, and HVAC systems.

These specialized products cater to critical sectors across various industries, including:

• Railways
• Defence
• Power generation
• Hydrogen production
• Steel industry
• Cement and Chemical processes
• Paper manufacturing

The company is noted for its quality and innovative solutions provided for both industrial and transportation applications.

HIRECT Stock Price Movement​

Today, Hind Rectifiers Limited shares edged higher, settling at ₹1323.10 after gaining 1.87%. The stock saw a volume of 94,353 shares as it traded within a range of ₹1275.90 and ₹1337.00 today.