Deals9 Nov 2024, 08:43 pm
Kranti Industries Receives Business Nomination Letter from CNH Industrial for 03 New Products
AI Summary
Kranti Industries Ltd has announced that it has received a Business Nomination Letter along with a Purchase Order from CNH Industrial (India) Private Limited for 03 new products. The order includes the supply of Knife, Arm HD, Frame Knotter Assy, and Latch Assy. The total value of the annual business is 383,12,921/- (Rupees Eighty-Three Lakhs Twelve Thousand Nine Hundred and Twenty- One Only) including the cost of tooling required to perform such operations. The supply of raw castings for the said project will be sourced from Preciso Metall Pvt Ltd, a subsidiary company. The order is expected to be executed by December 2024.
Key Highlights
- Kranti Industries received a Business Nomination Letter from CNH Industrial for 03 new products.
- The total value of the annual business is 383,12,921/- (Rupees Eighty-Three Lakhs Twelve Thousand Nine Hundred and Twenty- One Only).
- The supply of raw castings for the said project will be sourced from Preciso Metall Pvt Ltd, a subsidiary company.
- The order is expected to be executed by December 2024.
- This development will add to Kranti Industries' footprint in the Agri Implements project.