# Advik Group wins Rs 350 crore driveline oil pump orders from Magna

Advik Hi-Tech won six orders from Magna Powertrain to supply transmission oil pumps for passenger cars and SUVs, estimated to generate about Rs 350 crore (US$51 million) in sales over their lifetime, starting in 2018.

- Type: Contract
- Announced: 2017-12-11
- Value: $51.0M (3.50B INR)
- Status: announced
- Products: driveline oil pumps, transmission oil pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Advik Hi-Tech](https://endata.com/companies/2533.md) (supplier)
- [Magna International](https://endata.com/companies/2534.md) (customer)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/advik-group-bags-rs-350-crore-orders-for-driveline-oil-pumps-from-magna-international/62017378), 2017-12-11: "Advik Hi-Tech has announced that it has won 6 orders for supply of transmission oil pumps from Magna Powertrain."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.