Facilities management firm Krystal Integrated Services has secured a ₹134-crore order from the Maharashtra State Road Transport Corporation. The three-year contract covers integrated facility management services across Mumbai and Chhatrapati Sambhaji Nagar.

Krystal Integrated Services has secured a ₹134-crore order from the Maharashtra State Road Transport Corporation (MSRTC). Under the terms of the agreement, the company will manage integrated facility management services across two primary regions: Mumbai and Chhatrapati Sambhaji Nagar.

The contracted work spans a duration of three years. The scope of the projects involves end-to-end facility management, which includes housekeeping and sanitation, technical maintenance, and allied support services deployed throughout MSRTC’s operations in the designated regions.

Neeta Prasad Lad, Chairperson and Managing Director of Krystal Integrated Services, spoke on the development, stating that large orders of this scale serve to validate the trust that institutions place in the company's delivery capabilities. Lad noted that maintaining consistency and reliability remains a core focus for the organization.

Highlighting the importance of the client, Lad added that MSRTC functions as a critical public transport backbone within Maharashtra. Being selected as a facility management partner for a three-year term reflects the company's execution track record in handling large-scale institutional operations.

"Securing long-term institutional contracts of this scale highlights the growing reliance of public sector organizations on specialized private service providers. For businesses operating in the facilities management sector, securing multi-year mandates from major transport bodies provides steady revenue visibility and strengthens their operational track record when bidding for future large-scale projects." — Dr. Shishir Gupta, Founder & CEO, StartupLanes

Recent StartupLanes Articles

Browse through our 30 latest publications on venture capital, startups, and angel investing.