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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.