ScoutQuest13 Oct 2026
Airfloa Rail Technology544516Major contract win

Airfloa Rail Technology-led consortium receives LOA for Vande Bharat sleeper trainset interior design

Airfloa Rail Technology received an LOA from Integral Coach Factory, Chennai, as consortium lead with Italy's BLUE Engineering S.r.l.

₹34.85 croresTotal contract value (inclusive of GST
Interior design component of contract value₹30.93 crores
Associated development work component of contract value₹3.93 crores
Total contract value (inclusive of GST ₹34.85 crores: Interior design component of contract value ₹30.93 crores, Associated development work component of contract value ₹3.93 crores.
Contract Value
₹34.85 crores (incl. GST)
Interior Design Component
₹30.93 crores
Completion Timeline
12 months from the date of issuance of the Letter of Acceptance

Airfloa Rail Technology Limited has received a Letter of Acceptance (LOA) from Integral Coach Factory (ICF), Chennai. It has received it as the lead member of a consortium with Italy-based BLUE Engineering S.r.l., for the interior design of the Vande Bharat sleeper trainset.

What the contract is for

How the company describes the award

About the company, as described in the release

Points to note

More numbers
  • Total contract value (inclusive of GST)₹34.85 crores
  • Interior design component of contract value₹30.93 crores
  • Associated development work component of contract value₹3.93 crores
  • Scheduled completion period from date of LOA12 months
Source: BSE · 13 Oct 2026

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