Contract Details
Airfloa Rail Technology Limited, as lead member of a consortium with Italy-based BLUE Engineering S.r.l., has been awarded a contract by Integral Coach Factory (ICF), Chennai for interior design of Vande Bharat sleeper trainset. The total contract value is ₹34.85 crores (inclusive of GST).
Contract Breakdown
The contract comprises two key components:
- Interior Design: ₹30.93 crores for comprehensive interior design of Vande Bharat sleeper trainset
- Associated Development Work: ₹3.93 crores for additional development component
Execution Timeline
The entire scope of work is scheduled to be completed within 12 months from the date of issuance of the Letter of Acceptance (October 13, 2026).
Strategic Significance
The contract represents several strategic achievements for Airfloa:
- First Indian company to secure an interior design contract of this scale in Indian Railways history
- Expands the company's scope beyond manufacturing into design engineering
- Strengthens engagement with Integral Coach Factory, Chennai
- Aligns with focus on strengthening core railway business through technical execution
- Builds on existing railway interiors, seating and furnishing activities
Company Background Context
Airfloa Rail Technology Limited is described as a leading manufacturer of rolling stock components for Indian Railways with operations spanning key production units including Integral Coach Factory. The company has over 27 years of operating experience, two manufacturing facilities, and executes turnkey interior furnishing projects for Indian Railways. The company has delivered nine marquee turnkey rail projects including Sri Lankan DEMU, Agra-Kanpur Metro, RRTS, Vistadome, and Vande Bharat Express.