New Launch14 Oct 2025, 01:39 pm
Kranti Industries Receives Clearance to Commence Series Production of EV Components for 3W Commercial Vehicles Worth Approx. 22 Crores
AI Summary
Kranti Industries Ltd. has announced that it has received approval and clearance from a customer to commence series of production (Job Work) of EV Components for 3W Commercial Vehicles. The company has developed the product and the customer is Pinnacle Mobility Solutions Private Limited (Eka Mobility). The significant terms and conditions of the order include a value of approximately 22.00 Crore (Rupees Two Crores only) and an estimated annual business of the same amount. The order is to be executed as per the purchase order and the company has received clearance to commence series of production regarding EV Components for Commercial Vehicles.
Key Highlights
- Kranti Industries has received approval to commence series production of EV Components for 3W Commercial Vehicles.
- The order is from Pinnacle Mobility Solutions Private Limited (Eka Mobility) and is worth approximately 22.00 Crore (Rupees Two Crores only).
- The estimated annual business for the order is also 22.00 Crore (Rupees Two Crores only).
- The order is to be executed as per the purchase order.
- Kranti Industries has received clearance to commence series of production regarding EV Components for Commercial Vehicles.