Creative Newtech Limited has informed the Exchange regarding 'Order secured by Creative Newtech Limited from the Food Corporation of India (FCI), valued at Rs. 35.89 crore, for the FCI Smart Warehousing Project across 150 depots.'.
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Creative Newtech Limited has secured a Rs. 35.89 crore order from the Food Corporation of India (FCI) for its Smart Warehousing Project covering 150 depots across India. The project is part of the Government of India's food storage infrastructure modernization initiative. The scope includes IoT-based sensor modules, AI surveillance systems, bag counting systems, boom barriers, gateway infrastructure, and intelligent monitoring platforms. The project will be executed in two phases of 75 sites each, with final commissioning within 180 days and three years of AMC support. The company will leverage its 31 offices and partner ecosystem for deployment. The management considers this strategically significant as it opens pathways to future FCI, government, PSU, and smart infrastructure projects.
This order strengthens Creative Newtech's position in government-led digital infrastructure projects and expands its presence in the growing surveillance, AI, and smart warehousing solutions market. It could provide near-term revenue visibility and establishes credentials for larger public infrastructure technology contracts.