ADVIK Hi-Tech wins $51 million driveline oil pumps order from Magna Powertrain

ADVIK Hi-Tech won six orders for transmission oil pumps from Magna Powertrain, estimated to generate $51 million in revenue over its lifetime, with production starting in 2018 for assembly in Mexico, Germany, and Austria.

“ADVIK Hi-Tech has won six orders for the supply of transmission oil pumps from Magna Powertrain, which is estimated to generate sales revenues of about Rs 350 crore ($51 million) over its lifetime.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comADVIK Hi-Tech bags $51-mn driveline oil pumps order from Magna - The HinduBusinessLineDec 11, 2017

Summarized from public sources; check the original articles before acting on it.