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Sundram Fasteners wins $250M EV sub-assembly supply contract · Endata

◂ Announcements

Jan 17, 2023CONTRACTChengalpet, Tamil Nadu; Sri City, Andhra Pradesh, India

Sundram Fasteners wins $250M EV sub-assembly supply contract

Sundram Fasteners has been awarded a $250 million contract by a leading global automobile manufacturer to supply sub-assemblies for its electric vehicle platform. The company will invest Rs 200 crore to support the six-year contract, with shipments from its powertrain divisions in Tamil Nadu and Andhra Pradesh.

Value

$250.0M

Status

Announced

Capacity

1.5 million transmission sub-assemblies per annum

Productsinput & stator shaft sub-assembliesdrive gear sub-assemblies

CompaniesSundram Fasteners supplier

Sectors#Automotive Components

“This prestigious award marks a significant milestone in our company's history.”timesofindia.indiatimes.com

1 source
timesofindia.indiatimes.comSundram Fasteners wins a $250 million contract to supply EV sub-assemblies for global client - Times of IndiaNandini Sen GuptaJan 17, 2023

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

More from Sundram Fasteners

Jan 17, 2023CONTRACTChengalpattu, Tamil Nadu; Sri City, Andhra Pradesh, India$250.0M
Sundram Fasteners wins $250M EV parts supply contract
Sundram Fasteners supplier business-standard.com
Jan 17, 2023CONTRACTChengalpattu, Tamil Nadu; Sri City, Andhra Pradesh, India$250.0M
Sundram Fasteners wins $250 million EV supply contract from global automaker
Sundram Fasteners supplier economictimes.indiatimes.com
May 31, 2022CONTRACTIndia
SECO/WARWICK to supply Vector vacuum furnace to Sundram Fasteners in India
SECO/WARWICK supplier Sundram Fasteners customer secowarwick.com
Nov 5, 2020NEW FACILITYVallam Vadagal, Sriperumbudur, Kancheepuram district, India$230K
TVS Upasana Ltd starts new division at Sriperumbudur plant
TVS Upasana Sundram Fasteners partner siliconindia.com
Nov 5, 2020INVESTMENTIndia$1.35M
Sundram Fasteners to invest Rs 100 crore in aerospace and defence sectors
Sundram Fasteners TVS Engineering partner siliconindia.com
Nov 4, 2020EXPANSIONAndhra Pradesh, Tamil Nadu, Puducherry, India$20.3M
Sundram Fasteners plans ₹150 crore capacity expansion
Sundram Fasteners thehindu.com siliconindia.com

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