Varroc Engineering Limited has announced a significant contract win with an electric vehicle manufacturer to supply high voltage electronics for e-powertrain components, marking a strategic expansion in the electric mobility sector.
The Pune-based automotive supplier will deliver a comprehensive range of high voltage electronics, including power electronics units, inverters, onboard chargers, battery management systems, and DC-DC converters. Production will be based at Varroc's manufacturing facility in Romania.
The agreement spans eight years, with peak annual capacity projected at INR 8,000 million based on volume forecasts. The components will support high-performance e-powertrain systems for the unnamed EV manufacturer.
Dhruv Jain, CEO of Business II at Varroc, described the contract as a validation of the company's advanced electronics manufacturing capabilities and understanding of the global EV ecosystem. He emphasized Varroc's commitment to providing reliable and efficient solutions that meet international quality and performance standards.
The partnership strengthens Varroc's position in the global passenger vehicle electronics market and aligns with the company's strategic focus on accelerating growth in electronics, lighting, and electric powertrain solutions.
Varroc has been investing in advanced technologies to meet growing global demand for e-mobility, connectivity, and advanced driver assistance systems. The company has established capabilities in electronics manufacturing, systems integration, and design expertise.
Founded in 1988, Varroc Engineering operates as a global tier-1 automotive component supplier with 37 manufacturing facilities worldwide, supported by seven research and development centers. The company employs over 6,100 people, including more than 750 R&D engineers, and has filed over 120 patents. In FY25, the group reported income of INR 81,718 million from continued operations.
Varroc's shares are listed on both the National Stock Exchange and Bombay Stock Exchange in India.