Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs
Posted On: 2021-03-08 04:43:59 (Time Zone: Arizona, USA)
Talbros Automotive Components Limited along with its JV partners has won multi year orders worth ~Rs. 304 crs. These orders are spread across its domestic and international customers. The orders will be implemented over a period of 5 years starting from current fiscal year itself and major chunk of it distributed between 2023-2025.
The order covers company s flagship products gaskets and forgings as well products from JVs Talbros Marugo Rubber Pvt Ltd and Magneti Marelli Talbros Chassis Systems Pvt Ltd.
The company would be required to undertake a capex of approximately Rs. 20 crs which along with existing facilities would be sufficient to execute these orders.
Talbros Automotive Components Limited s JV Wins multi-year order for supplies of BIW parts to a large European Car Manufacturer
Posted On: 2021-01-13 07:21:16 (Time Zone: Arizona, USA)
Marelli Talbros Chassis Systems Pvt. Ltd., the 50% JV company of Talbros Automotive Components Limited today announced that it has received multi-year order from a Large European Car Manufacturer. The Order is for supplying BIW (Body in White design) parts.
The order supplies will begin in Q1FY22 from the JV Company s plant in Pune, Maharashtra. The annual order value is estimated at Rs. 14.4 crores. The order value is estimated at approximately Rs. 92 crores over the life of the contract. No major investments will be required to fulfil this order as the JV Company has sufficient capacity.