# Happy Forgings secures ₹400 crore order from Indian auto major

Happy Forgings has secured an order worth ₹400 crore from a leading Indian automobile manufacturer for the supply of fully machined components for the SUV segment. The order runs for six years starting April 1, 2024, with annual value of ₹60-70 crore.

- Type: Contract
- Announced: 2024-02-16
- Where: India
- Value: $48.2M (4.00B INR)
- Status: announced
- Products: fully machined components for SUV segment
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Happy Forgings Ltd](https://endata.com/companies/71037.md) (supplier)
- [leading Indian automobile manufacturer](https://endata.com/companies/75685.md) (customer)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/happy-forgings-shares-rise-on-400-crore-order-win-from-auto-major-19065301.htm), 2024-02-16: "This order entails manufacturing and supply of fully machined components for the SUV (sports utility vehicle) segment."

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