Efftronics Systems Private Limited, an R&D software company and developer of embedded systems, has bagged two major orders worth Rs 100 crore from Indian Railways "� one for LED signal lamps and the other for integrated passenger information systems. The orders are to be implemented across the country during the next 5 years. | |
| The company expects to register a turnover of Rs 40-45 crore this financial year as against Rs 30 crore in the last financial year. It currently has orders worth Rs 25-30 crore. |
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| Managing director D Rama Krishna said that the company spent Rs 50 lakh each on the R&D to develop these two projects. |
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| The projects are connected with LED displays, TV displays, timings, platform announcements and other information. |
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| The company spends 1.5 per cent of its turnover on the R&D which has a team of 125 experts. |
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| Last year, it spent Rs 1.5 crore on its research activities, which helped it increase the production capacity by 30 per cent. It has also set up a training centre with an outlay of Rs 35 lakh and had recently purchased a pick and placement system for Rs 60 lakh. |
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| The system can fix 24,000 components per hour. |
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| The company is also planning to set up an indigenous weather monitoring system next year, he added. |
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