# 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.

- Type: Contract
- Announced: 2024-10-21
- Value: $2.14M (180.0M INR)
- Status: announced
- Products: traction motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TD Power Systems](https://endata.com/companies/73672.md)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/t-d-power-systems-rises-after-bagging-5-year-supply-contract-for-european-market-124102100464_1.html), 2024-10-21: "The total business volume is expected to be around Rs 300 crore over the next 5 years."

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