9 months ago

MapmyIndia Secures Over ₹110 Crore in Government Contracts

MapmyIndia Secures Over ₹110 Crore in Government Contracts
MapmyIndia secures major Government contracts worth over ₹110 crore · thehindubusinessline.com

MapmyIndia, a company that makes maps and tracking systems, just got some big jobs from the government.

One job is to put a tracking system on about 23,000 gas trucks for Indian Oil.

This will help them know where the trucks are, make sure they take the best routes, and keep drivers safe.

Another job is to help the Survey of India build a special computer map system for the whole country.

This system will organize important map information so different government groups and schools can share it easily.

These deals are important for MapmyIndia's growth and fit into a larger goal for India's map industry to make a lot of money by 2030.

Even though they got these big contracts, their company's stock price went down a little today.

Key facts

Company
MapmyIndia (C.E. Info Systems Limited)
Total Contract Value
Over ₹110 crore
Key Contracts
Indian Oil Corporation Limited (IOCL) vehicle tracking system, Survey of India National Geo-Spatial Platform
IOCL Contract Details
Integrated vehicle tracking and management for approx. 23,000 LPG trucks
Survey of India Platform Goal
Standardize and manage foundational geospatial datasets
Financial Highlight (H1 FY26)
Revenue grew 14.7% to ₹235.4 crore
Mappls App Downloads
Over 40 million

Quotes

Rakesh Verma

MapmyIndia Chairman

“These government partnerships align with the sector’s target of achieving ₹1 lakh crore revenue by 2030.”
thehindubusinessline.com

Sources

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