Deals28 Jan 2025, 10:47 pm
Autoline Industries Secures 30 Crore Order from M&M for Scorpio and XUV 3XO Components
AI Summary
Autoline Industries Limited, a leading automotive component manufacturer, has announced a significant purchase order from Mahindra & Mahindra (M&M) for their flagship models, Scorpio and XUV 3XO. The order, worth approximately 30 Crores, includes four critical components and is expected to generate annual revenue of the same amount. This achievement underscores Autoline's dedication to innovation, excellence, and customer satisfaction, and is a testament to the trust placed in the company by one of India’s top automotive manufacturers.
Key Highlights
- Landmark purchase order from Mahindra & Mahindra for Scorpio and XUV 3XO components.
- Order worth approximately 30 Crores, expected to generate annual revenue of the same amount.
- Partnership strengthens Autoline's position as a trusted partner for leading OEMs.
- Collaboration highlights Autoline's readiness with Industry 4.0-enabled manufacturing facility in Pune.
- Facility features advanced automation, data-driven technology, sustainability practices, and future-ready infrastructure.