Airfloa Rail Technology rises after Rs 70.56 lakh order from Modern Coach Factory
Mumbai, Aug. 18 -- The order is for the supply of luggage rack modules for L2CC coaches. The domestic order is subject to Indian Railways' standard conditions of contract and is scheduled to be completed by 9 November 2026.
Under the payment terms, 95% of the order value will be paid against an inspection certificate and proof of dispatch or delivery, while the remaining 5% will be paid after receipt, inspection and acceptance of the goods by the consignee.
Airfloa Rail Technology is a manufacturer of rolling stock components for Indian Railways and also undertakes turnkey railway interior projects. With over 27 years of experience and two manufacturing facilities, the company has executed projects including Vande Bharat Express, Vistad...
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