Creative Newtech Wins ₹35.89 Crore Smart Warehousing Project

Mumbai May 13: Creative Newtech Ltd secured a ₹35.89 crore smart warehousing project from the Food Corporation of India (FCI) covering 150 depots across India, according to an exchange disclosure filed on Tuesday.

Creative Newtech said the order forms part of the Government of India’s supply chain modernization initiative and will support the deployment of IoT-based infrastructure, surveillance systems, AI-enabled monitoring and warehouse-level smart technologies across FCI depots.

The company stated that the project would be executed through its strategic partnership model alongside system integrators and deployment teams. The scope of work includes sensor modules, bag counting systems, boom barriers, gateway infrastructure, surveillance platforms and intelligent monitoring systems.

As per the company’s media release, the rollout will be implemented in two phases covering 75 sites each. Final commissioning is expected within 180 days, while annual maintenance contract support will continue for three years.

Creative Newtech said the engagement strengthens its position in government-led digital infrastructure and smart warehousing deployments. The company also indicated that the project could support future opportunities in logistics digitization, surveillance infrastructure and institutional storage systems.

Stock Market Snapshot

Creative Newtech shares advanced in early trade following the order announcement. Creative Newtech share price rose 3.57% to ₹677 as of 10:16 am IST on May 13, 2026, compared with the previous close of ₹653.65.

The stock opened at ₹653.65 and touched a high of ₹677 during the session, according to exchange data. The company’s market stood near ₹1.02 crore during the trading session.

The order announcement came amid continued investor interest in companies linked to government-backed infrastructure digitization, warehousing automation and AI-enabled industrial deployments.

Company Background

Established in 1992, Creative Newtech Ltd operates in the information and communication technology distribution segment. The company focuses on technology distribution, brand market entry strategies, product penetration and value-added services across India.

Creative Newtech works with global technology brands and maintains a multi-channel distribution network spanning online, offline and retail trade channels. The company also provides marketing support, after-sales services, logistics coordination and channel development initiatives.

The company has expanded its presence across surveillance, AI infrastructure, smart warehousing and IoT-linked deployment capabilities in recent years.

Conclusion

The ₹35.89 crore FCI order marks a significant government-sector contract for Creative Newtech and adds to its smart infrastructure deployment portfolio. The project is expected to strengthen the company’s visibility in warehousing digitization and institutional technology deployments.

The disclosure was submitted to both NSE and BSE on May 12, 2026, with the company highlighting the strategic relevance of the project for future PSU and government-led opportunities.

Source:

• https://www.nseindia.com/get-quote/equity/CNL/Creative-Newtech-Limited
• https://nsearchives.nseindia.com/corporate/CREATIVE_12052026133333_MR_CNL_FCI.pdf