TD Power Systems secures 5-year traction motor supply contract for European market

TD Power Systems signed a 5-year contract with an Indian entity of a major international company to supply traction motors to the European market. The initial order is worth Rs 18 crore, with total expected business volume of around Rs 300 crore over five years.

“The total business volume is expected to be around Rs 300 crore over the next 5 years.”business-standard.com

• 1 source
• business-standard.comT D Power Systems rises after bagging 5-year supply contract for European market | Capital Market News - Business StandardCapital MarketOct 21, 2024

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