Talbros Automotive secures ₹1,000 crore multi-year orders
after close1 source ↓written by the desknot a recommendation
- for forgings
- ₹500 crore
- for electric vehicle
- ₹100 crore
Talbros Automotive Components Limited, along with its joint ventures, has secured multi-year orders worth over ₹1,000 crore from leading OEMs. These contracts, spanning five years, include ₹500 crore for forgings from a major European supplier and ₹100 crore for electric vehicle components. This expansion positions Talbros for significant growth in the automotive sector.
• Export market contributes ₹700 crore
• Orders encompass gaskets, heat shields, and chassis components
• Strategic focus on EV market
Immediate market implications may include heightened investor interest and potential stock price appreciation.
Not investment advice. For informational purposes only.