# 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.

- Type: Contract
- Announced: 2026-01-20
- Where: India
- Value: $19.5M (1.62B INR)
- Status: announced
- Products: CNC machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jaykay Enterprises Limited](https://endata.com/companies/74331.md)
- [Phillips Machine Tools India](https://endata.com/companies/48194.md) (partner)
- [IRCON International Limited](https://endata.com/companies/50735.md) (customer)

## Sources

- [projectxindia.com](https://projectxindia.com/2026/01/20/supply-and-installation-of-cnc-machines-for-msme-training-centres/), 2026-01-20: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.