Talbros Automotive Components Receives Multi-year Orders Worth Rs.420 Crore
Talbros Automotive Components has received new multi years orders worth Rs. 420 crores from both, domestic and overseas customers across its business divisions, product segments and JVs. These orders are to be executed over a period of next five years covering the company's product lines – gaskets, heat shields, forgings and chassis.
“We have received multi-year orders worth ~Rs. 420 crores from both, domestic and overseas customers across our business divisions, product segments and JVs. These orders are to be executed over a period of next 5 years covering the company's product lines – gaskets, heat shields, forgings and chassis.We are particularly excited to have received orders in the EV segment from a leading established domestic OEM for over Rs. 160 crores. This proves our innovation and product development capabilities in the EV segment. We have received orders for heat shields from both domestic and export market which is a product of the future. Also, we have received orders from the non-automotive segment for the export market. The new orders further increase the revenue and profit visibility for Talbros group and will help us gain market share in the coming years,” said Anuj Talwar, Joint Managing Director.
These orders will help us increase our share with existing customers and new customers across geographies which will help us grow and gain market share in the coming years. Talbros received orders from an established domestic OEM for Electric Vehicles for over Rs.160 crores over five years.
