Talbros Automotive Components Bags Order From A German Car Manufacturer
Talbros Automotive Components Limited has received an order under the forgings division, for supply of parts to a large German luxury Car manufacturer.
The order spans over a period of 7 years and the expected total revenue from the same is about INR 1750 million. The Supplies are expected to begin from June–July 2017.
Company has enough capacities to cater to this order and will not be requiring any major investments to fulfil this order. This order will therefore provide operating leverage and will enhance the profitability of the company. We would be the tier II supplier for this order.
Commenting on the order Mr. Anuj Talwar, Jt. Managing Director, Talbros Automotive Components Limited said "The order is a very proud moment for the group. It is a huge validation of our technical capabilities and opens the doors for many large customers for us.
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. The established capabilities and goodwill has helped us expand our order book.
We have begun the financial year on a positive note and backed by our manufacturing and technological capabilities, we expect the order momentum to continue for the rest of the year.”
- Bagged By:
- Industry:Transport Equipment
- Value:INR 1750 Million
- Published On:2017-05-15