Sundram Fasteners wins $250 million EV supply contract from global automaker

Sundram Fasteners was awarded a $250 million contract by a leading global automaker to supply sub-assemblies for an electric vehicle platform, with plans to invest Rs 200 crore to support the six-year deal.

“The $250-million supply contract, one of the largest in India, is a further testimony to our commitment to manufacture and supply high-quality industry-leading products.”economictimes.indiatimes.com

• 1 source
• economictimes.indiatimes.comSundram Fasteners bags $250 million deal from global auto maker - The Economic TimesJan 17, 2023

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