Concord Control Systems Deepens Partnership with Progota, Boosting Stake to 46.5%

Lucknow, October 13, 2025: Manufacturer of embedded electronic systems and critical electronic solutions Concord Control Systems Limited has said that its Board of Directors has approved a further investment to acquire up to 46.5 per cent equity shares of Progota India Private Limited, targeting the commercialisation and nationwide deployment of Kavach 4.0, India’s flagship Automatic Train Protection (ATP) solution.

This strategic move focused primarily on expanding the reach and supply capabilities for Kavach 4.0, the critical rail safety technology engineered to prevent collisions by automatically controlling train speed and enforcing signal compliance. Progota India, incorporated in 2021, is a specialist in the development and delivery of railway automation and Kavach ATP systems, with the latest order book reflecting the rapidly rising demand from major railway zones.

“The strategic partnership with Progota enables Concord to play a pivotal role in driving safer, smarter, and zero-emission rail transport for India. The acquisition highlighs our commitment to indigenously manufactured, SIL4-certified Kavach technology, which is set to anchor India’s largest project for railway safety modernization. It strategically positions Concord and Progota as premier contributors to a sector with annual Kavach sales projected at INR 13–15 billion through FY26-FY28, and a total ATP solutions market size estimated above $15 billion globally in 2025. This move not only deepens our integration into advanced technology domains such as train automation and digital signalling, but also enhances long-term value creation for our shareholders,” said Gaurav Lath, Joint Managing Director, Concord Control Systems Limited.

Progota specializes in scientific and technological services related to railway automation, with operations and R&D serving pilot and development contracts for Indian Railways. The acquisition is strategic and synergistic, combining Concord’s manufacturing and system-integration strengths with Progota’s research and development capabilities, thus accelerating institutionalisation and scaling in India’s rail-safety market.

Indian Railways’ policy ambitions include the rollout of Kavach onboard 10,000 locomotives and across 34,000 route kilometers over six years, making it one of the world’s largest ATP deployments. With ongoing contracts and accelerated tender activity, the Indian market for Kavach systems is expected to remain robust with strong revenue visibility for technology suppliers.

This expanded partnership aligns with the Government of India’s Atmanirbhar Bharat and Make-in-India vision, positioning Concord and Progota as key contributors to the country’s rail modernization program.