Creative Newtech Secures ₹35.89 Crore FCI Smart Warehousing Project
Creative Newtech Limited secured a ₹35.89 crore Smart Warehousing Project from the Food Corporation of India (FCI) across 150 depots. The project involves deploying IoT-based systems, AI, and surveillance. It will be executed in two phases with final commissioning within 180 days, followed by a 3-year AMC. This strengthens CNL's position in government projects.
The order value of ₹35.89 crore is substantial and represents a major new business win, impacting the company's revenue and market position, especially in government projects.
The announcement details a significant new order win, which is a positive development for the company's business and future prospects.
Creative Newtech Limited has announced a significant order win from the Food Corporation of India (FCI) for its Smart Warehousing Project. The project, valued at ₹35.89 crore, will encompass the implementation of smart warehousing solutions across 150 FCI depots nationwide. This initiative is part of the Indian government's broader agenda to modernize its food storage infrastructure.
The scope of work involves deploying IoT-based systems, intelligent monitoring, and smart warehouse technologies. This includes the installation of sensor modules, bag counting systems, boom barriers, gateway infrastructure, software platforms, and AI-driven surveillance systems. The project aims to enhance monitoring, improve visibility, and strengthen operational control within the selected depots.
The execution will be carried out in two phases, with each phase covering 75 sites. The final commissioning is expected within 180 days, followed by a three-year Annual Maintenance Contract (AMC). This engagement is strategically important for Creative Newtech, reinforcing its position in government-led digital infrastructure projects and expanding its presence in the growing surveillance, AI, and intelligent warehousing solutions market.
Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech Limited, expressed pride in undertaking this responsibility, highlighting the company's commitment to a dependable and coordinated rollout. He emphasized that this project opens avenues for future collaborations with FCI, government bodies, PSUs, and in smart infrastructure, logistics digitization, and international opportunities, marking a strong step towards larger public infrastructure technology projects.
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Creative Newtech Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Creative Newtech Limited. Read the original for the full detail.