Deals6 Dec 2024, 12:01 am
Harsha Engineers International Ltd Secures Long-Term Supply Agreement with Multinational Bearing Company
AI Summary
Harsha Engineers International Ltd has entered into a significant long-term agreement with a leading multinational bearing company. The agreement, effective from December 5, 2024, is for the supply of bearing cages to the multinational group. The agreement is for an initial period of six years, with an estimated value of Euro 6 million to Euro 10 million per annum. This collaboration is expected to strengthen Harsha Engineers' position in the global market.
Key Highlights
- Harsha Engineers International Ltd has entered into a long-term agreement with a multinational bearing company.
- The agreement is for the supply of bearing cages to the multinational group.
- The agreement is effective from December 5, 2024, for an initial period of six years.
- The estimated value of the agreement is Euro 6 million to Euro 10 million per annum.
- This deal is expected to strengthen Harsha Engineers' position in the global market.