Key Highlights
- Concord Control Systems Limited’s Board approved an investment to acquire up to 46.5% equity in Progota India Private Limited.
- The proposed investment aims to accelerate the development and commercialization of Kavach 4.0, India’s Automatic Train Protection (ATP) system.
- Indian Railways plans to deploy Kavach on 10,000 locomotives and 34,000 route kilometers in the next six years.
Concord Control Systems Limited (BSE: CNCRD), a leading manufacturer of embedded electronic systems and critical electronic solutions, announced that its Board of Directors has approved an investment proposal to acquire up to 46.5% equity shares in Progota India Private Limited.
The proposed investment is aimed at strengthening the company’s involvement in the development and large-scale deployment of Kavach 4.0, India’s indigenous Automatic Train Protection (ATP) technology. The initiative aligns with the Atmanirbhar Bharat and Make-in-India missions, emphasizing domestic innovation in rail safety and automation.
According to the company’s press release, this strategic move focuses on expanding the reach and supply capabilities for Kavach 4.0 — a safety system designed to prevent train collisions by automatically regulating speed and ensuring signal compliance.
Progota India, incorporated in 2021, is a technology firm specializing in railway automation and Kavach ATP systems. The partnership between Concord and Progota aims to combine Concord’s manufacturing and system integration expertise with Progota’s R&D strengths, facilitating faster scaling of indigenous rail safety technologies.
Gaurav Lath, Joint Managing Director of Concord Control Systems, said the partnership underscores the company’s commitment to indigenously manufactured, SIL4-certified Kavach technology. “This strategic association positions Concord and Progota as key contributors to India’s largest railway safety modernization project,” he noted, adding that the annual Kavach market is projected at ₹13–15 billion between FY26 and FY28, with the global ATP market estimated above $15 billion in 2025.
The Indian Railways plans to implement Kavach on 10,000 locomotives and 34,000 route kilometers over the next six years, marking one of the world’s largest ATP rollouts. With multiple ongoing contracts and tender activity, the market outlook remains robust for technology providers in this segment.