Sundram Fasteners wins $250M EV parts supply contract

Sundram Fasteners won a $250 million contract from an undisclosed international company to supply shaft sub-assemblies and drive gear sub-assemblies for EV platforms. The company will invest Rs 200 crore to support the six-year order.

“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 such as sub-assemblies.”business-standard.com

• 1 source
• business-standard.comSundram Fasteners wins $250 mn international contract to supply EV parts | Automobile - Business StandardShine JacobJan 17, 2023

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