Braithwaite & Co Ltd, a Central PSU, has secured a Rs 180 crore contract to supply 500 brake vans (BCVM-C type) to Indian Railways. This order reflects Braithwaite's strategic move towards diversification, with wagons now comprising 55% of its business, down from 95% in 2018. The company aims to achieve CPSU...
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status with a targeted revenue of Rs 2,500 crore by 2025-26. They are expanding their offerings beyond wagons into civil construction, bridge cranes, container manufacturing, solar PV plants, and railway station construction. Braithwaite's total order pipeline as of December 2023 stands at Rs 1,734 crore, indicating a strong focus on sustainable growth.