Deals31 Jan 2024, 10:37 pm
Divgi TorqTransfer Systems Limited Wins Over INR 2121 Mn New Orders from Two Marquee North American Manufacturers of Automotive Transmissions
AI Summary
Divgi TorqTransfer Systems Limited has received order confirmations for three components from two prominent Tier I North American manufacturers of Automotive Transmissions. The annual value of these orders is approximately INR 425 Mn, and the life-cycle revenue of both the businesses is INR 2121 Mn over a period of 5 years.,
Key Highlights
- Wins over INR 2121 Mn new orders from two marquee North American manufacturers
- Annual order book crossed INR 894 Mn
- Precision machined components for PVs & LCV’s
- Product portfolio expansion
- Repeat order from marquee players in the Gearbox and Transmission space