Talbros Automotive Components Limited 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 the next five years, covering the company’s product lines – gaskets, heat shields, forgings and chassis.
• Orders received from a leading established domestic OEM for Electric Vehicles (EV) for over Rs. 160 crores over five years
• Received orders from new customers for multiple auto parts for multiple applications
• Received orders from new OEM customers in the non-automotive segment for export markets
• These order span across new technologies such as heat shields for which we have secured new customers in the Domestic PV space and exports
Anuj Talwar, Joint Managing Director, “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 markets 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.”