Precision Camshafts Ltd

Precision Camshafts' stepdown subsidiary MFT Motoren und Fahrzeugtechnik GmbH won a contract from Linamar Antriebstechnik GmbH to supply over 180,000 sets of machined balancer shaft assemblies, valued at €26.02 million.

Precision Camshafts won a contract from General Motors Brazil to supply approximately 1 million fully finished camshafts over the life of various programs, with supplies expected to commence from FY 2021-22. The aggregate value is estimated at INR 90 crore.

Precision Camshafts won contracts from Ford (Rs. 190 crore for 1.5 million camshafts, supply from Jan 2019), General Motors (Rs. 35 crore, supply from Jan 2018), and Mahindra & Mahindra (Rs. 50 crore, supply from Oct 2018).

Precision Camshafts Ltd has received an order worth Rs 550 crore from Ford Motor Company for 8 million camshafts over the life of the program. Supplies will commence from 2018-19 to Ford plants in China and Spain.