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Bajaj Steel Industries said it has received an advance payment against an export order of about ₹100 crore, originally booked in 2022. The contract covers the design, manufacturing, supply, supervision of installation, and commissioning of cotton ginning machines and equipment, with execution scheduled over about one year.
The company said receipt of the advance paves the way for production scheduling and overseas dispatches in line with customer milestones. Management indicated the order aligns with its focus on turnkey ginning projects and reinforces its position in international markets.
Bajaj Steel added that it will coordinate manufacturing, site supervision, and commissioning to ensure on-time delivery and handover. The firm expects the project to contribute to revenue visibility over the execution period while supporting its broader export pipeline.
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