Industrial Components Government Tender Profile

With a substantial portfolio of 108 government tender participations, Industrial Components has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 29 Contract Wins

Industrial Components has successfully secured 29 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 26.9% across 108 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Industrial Components has bid on contracts with a total value of ₹2,76,41,256.0, successfully securing ₹2,76,41,256.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Department Of Defence Production, where they have demonstrated specific procurement expertise. They have experience bidding with Armoured Vehicles Nigam Limited, showing familiarity with diverse organizational procurement requirements.