Talbros Automotive won Rs 1000-crore order

(20 second reading) Talbros Automotive Components announced order win from a large European OEM for a multi-year contract valued at approximately Rs 1,000 crore.

The order will be executed over the next 8 years commencing from Q4FY25. The order win is by TACL’s Joint Venture Company, Marelli Talbros Chassis Systems Private Limited (MTCS). The order is centered on the supply of Suspension Arms tailored for both conventional Internal Combustion Engine (ICE) vehicles and new age EV platforms.
Talbros Automotive shares opened 5% higehr at Rs 293.30 against the previous close