Braithwaite & Co Ltd has secured a major contract valued at Rs 180 crore. This contract involves supplying 500 BCVM-C type wagons to the Indian Railways. Yatish Kumar, the Chairman and Managing Director of Braithwaite, has officially confirmed this achievement.
Braithwaite & Co is a renowned engineering and manufacturing company based in Kolkata, India. Established in 1913, the company has a rich history of delivering high-quality engineering solutions and products. Braithwaite specializes in manufacturing railway wagons, structural, bridges, cranes, and various industrial machinery.
The company’s dedication to quality, reliability, and customer satisfaction has earned it a strong reputation both in India and internationally. Braithwaite continues to expand its product line and capabilities to meet the evolving needs of its customers and the market.
In a strategic move to broaden its business portfolio, Braithwaite has shifted its focus from wagon production, which constituted 95 percent of its business in 2018, to other sectors. Currently, wagon production contributes to only 55 percent of the company’s business.
This deliberate diversification aligns with Braithwaite’s overarching strategy for enhanced profitability and sustainable growth. The recent procurement of 500 wagons underscores the company’s ongoing efforts to fortify its order book. As of December 2023, the total value of orders in the pipeline stands at Rs 1,734 crore.
Yatish Kumar has affirmed the company’s commitment to reducing its dependence on wagon production and further expanding its revenue streams. In pursuit of enhancing its operational capacity, Braithwaite has expanded its business scope to encompass bridge cranes, civil construction, and the provision of operation and maintenance services.
With a goal to evolve into a more adaptable and resilient entity, the company has also ventured into manufacturing containers, developing solar PV plants, and undertaking railway station construction projects. Diversification stands out as a key strategy in Braithwaite’s roadmap, aiming to achieve a Rs 2,500 crore listing as a Central Public Sector Undertaking (CPSU) by 2025–2026.
