29 Jul 2022 , 02:57 PM
These orders will be fulfilled over the next 4-6 years, spanning the company’s product lines of gaskets, heat shields, forgings, chassis, and rubber.
The order includes newly invested technologies such as heat shields, for which we have secured new domestic PV customers.
Furthermore, the Company has received orders from a new international customer, allowing it to enter the Agri, Construction, and Off-road segments.
For the leading established domestic OEM in the PV segment, the Electric Vehicle (EV) segment accounts for 18% of new orders.
These orders will enable the company to increase its market share among existing and new customers across geographies, allowing it to grow and gain market share in the coming years.
For any queries related to the article, please contact: ankur.chandra@iifl.com
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