Ircon International has decided to expand its footprint in Malaysia and Bangladesh and has fixed a revenue growth of 30%, said chairman, SK Chaudhary. The engineering and construction company under the railway ministry has bagged a project for upgrading of railways in Sri Lanka, and is expecting railway projects to materialize in Bangladesh and Malaysia. The company expects to bag new projects in these three countries, which along with the ongoing rail projects in Bangladesh and Myanmar, could boost revenue growth to 30% year-on-year basis. Ircon's overseas business currently accounts for 13% of its overall portfolio and it aims to grow by 25-30% in FY20, said Mukesh Kumar Singh, director of finance at Ircon.
📅Published on:
07 June 2019
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
