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Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Jan 20, 2026CONTRACTIndia

Jaykay Enterprises JV wins ₹162.25 Cr CNC machine contract from Ircon International

J K Phillips, a joint venture of Jaykay Enterprises and Phillips Machine Tools India, received a Letter of Acceptance from Ircon International for design, supply, installation, commissioning, and training of CNC machines for MSME training centres on a turnkey basis.

Value

$19.5M (1.62B INR)

Status

Announced

ProductsCNC machines

CompaniesJaykay Enterprises Limited Phillips Machine Tools India partner IRCON International Limited customer

Sectors#Industrial Machinery

“Jaykay Enterprises Limited J K Phillips, a joint venture of Jaykay Enterprises and Phillips Machine Tools India, has received a Letter of Acceptance from Ircon International for design, supply, installation, commissioning, and training of CNC machines for MSME training centres on a turnkey basis.”projectxindia.com

1 source
projectxindia.comSupply and Installation of CNC Machines for MSME Training Centres – ProjectX IndiaJan 20, 2026

Summarized from public sources; check the original articles before acting on it.

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