Talbros Automotive Bags Order From Spicer Worth INR 350 Million
Talbros Automotive Components Limited has received an order under the forgings division, for the supply of parts to Dana Spicer India Private Limited, a Tier 1 supplier to prominent commercial vehicle players in the country. These components are heavier in nature and will require an installation of a higher tonnage press. The production will commence from Q1FY2019.
The order spans for the life of the model and estimated revenues from the same is about INR 350 million per annum. Addition of the new equipment will also add to our manufacturing capability and allow us to supply heavier components including 3 Cylinder Crank Shaft for 4 wheelers & Stub Axle for LCV as well.
Commenting on the orders Mr Anuj Talwar, Jt. Managing Director, Talbros Automotive Components Limited said “The order is a very proud moment for the group as we have a new customer relationship and strengthening of this relationship will accelerate the growth of the company.
This order is a further validation of our technical and product development expertise. This is in line with our vision to move up the value chain and supply heavier parts. Our unrelenting focus on product development, order fulfillment and strong relationships have helped us expand our order book and establish ourselves as prominent automotive components supplier. We are clearly focused on enhancing our internal efficiencies and leverage on our technological know-how to supply best in class products to our customers.”
- Issued By:
- Bagged By:
- Region:Northern India
- Industry:Transport Equipment
- Value:INR 350 Million
- Published On:2018-03-12