CWD Limited has secured an approximate ₹88 crore purchase order from India Post Payments Bank.

This mandate covers the design, manufacturing, and deployment of 5.3 lakh IoT-enabled payment soundboxes and integration with CWD's digital platform, targeted for rollout over six months.

The agreement also includes a 3-year Service & Maintenance contract, ensuring recurring revenue.

This order provides potential for expanding to 33 lakh devices over three years, marking CWD's entry into large-scale government supply.

Production will leverage CWD's expanded manufacturing facility in Mysore.