Talbros Automotive wins new business worth Rs 580 crore

These orders, which include EV-related business worth Rs 270 crore, are to be executed over the next five years, starting FY2025, and comprise gaskets, heat shields, forgings, chassis and rubber hoses.

Autocar Pro News Desk By Autocar Pro News Desk calendar 22 Nov 2023 Views icon6595 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Talbros Automotive wins new business worth Rs 580 crore

Talbros Automotive Components has announced that it has bagged new business, covering multiple years and valued at around Rs 580 crore, from both its domestic and overseas customers across its business divisions, product segments and joint ventures.

These orders are to be executed over the next five years, starting FY2025, and comprise gaskets, heat shields, forgings, chassis and rubber hoses.

The EV-related business order, from a leading export OEM, is valued at Rs 270 crore or 46% of the total new business. This order is for EDS brackets, transcradle bracket, mid-metal shield, S3 pack and battery stampings and will be catered to by its Marelli Talbros Chassis Systems JV.

The order for forging products for application in transmissions, engines, driveline and off-highway products is valued at Rs 120 crore. Multiple domestic OEMs have ordered heat shield products, valued at Rs 75 crore over five years. New business for Talbros’ gaskets from domestic and export OEM clientele is worth Rs 40 crore.

There is another order worth Rs 75 crore from a domestic OEM for muffler hangers, damper front and hose canister air suction, to be supplied by company JV, Talbros Marugo Rubber.

RELATED ARTICLES
Continental eyes India's two-wheeler industry to supply ARAS safety tech

auther Autocar Pro News Desk calendar13 Jul 2024

The German Tier-1 major is in talks with two of the biggest two-wheeler OEMs in India and is targeting both ICE and EV m...

Mahanagar Gas increases CNG price to Rs 75 per kg in first increase of 2024

auther Autocar Pro News Desk calendar09 Jul 2024

Natural gas distribution company cites sourcing of additional market-priced natural gas (imported LNG) to meet growing d...

Mahindra Last Mile Mobility and Ecofy partner to finance 10,000 electric three-wheelers

auther Autocar Pro News Desk calendar08 Jul 2024

The collaboration aims to provide impetus to the growing EV 3W demand by combining Mahindra's expertise in electric vehi...