MIC bags orders worth `20.64 crore

HYDERABAD, INDIA: MIC Electronics Ltd, a leader in design, development & manufacturing of LED video displays, and high end electronics and telecom equipment has secured 17 different orders collectively worth `18.63 crores from the Indian Railways in the second quarter of FY 2010-11 till date.

Of these 17 projects, most prominent include provision of a Video Train Information Display System for Eastern Railway and of Electronic Train Indication Board for Northern Railway worth `2.78 crore and `2.54 crore, respectively.

Others include provision of Information Display Systems, Electronic Coach Indication Board and Coach Guidance Display for South Western, Northern, Central, North Frontier and other Railways. These orders range from `20 lacs to `1.32 crore.

The company has also bagged orders from various other players for the supply of street lights. Sterling Gelation would be the first major SEZ in the country to be lit with LED Lights. TVS, in a drive to adopt green & eco friendly technologies has given an order worth `31 lacs to MIC Electronics.

M.V. Ramana Rao, chairman and MD, said: "We are overwhelmed to receive prestigious orders from the Indian Railways. Along with this, we also have the order for supply of LED screens for Common Wealth Games 2010 and MOA with BTGES. With such activities, we are hopeful for another successful financial year ahead."