Stone India Ltd has informed BSE that the Company has received the first bulk order for supply of Air Spring for passenger coaches from Rashtriya Coach Factory, Kapurthala for 123 coach sets. The order is valued at Rs 49 Million.
The recently announced "Duranta Express" will use this new generation pneumatic suspension system which will provide superior air cushion ride for passengers for trains running at a higher speed. Stone India is manufacturing this product under collaboration from Sumitomo Electric Industries, Japan - the leading supplier of such products for Bullet Trains in Japan.
Company expects to receive more orders for Air Spring during the year. This product will be supplied both from Kolkata as well as from its new plant in Nalagarh, Himachal Pradesh.
| NIFTY 
