# 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.

- Type: Contract
- Announced: 2017-12-11
- Where: Mexico, Germany, Austria, Mexico
- Value: $51.0M
- Status: announced
- Products: transmission oil pumps, driveline oil pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Advik Hi-Tech](https://endata.com/companies/2533.md) (supplier)
- [Magna International](https://endata.com/companies/2534.md) (partner)
- [Magna Powertrain](https://endata.com/companies/18015.md) (customer)
- [Trochocentric GmbH](https://endata.com/companies/18016.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/advik-hitech-bags-51mn-driveline-oil-pumps-order-from-magna/article9988786.ece), 2017-12-11: "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."

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