New Launch18 Jun 2025, 03:16 pm
Kranti Industries Receives New Part Development Order from Bonfiglioli Transmissions
AI Summary
Kranti Industries Limited has received a New Part Development Order from Bonfiglioli Transmissions (Pvt) Ltd, Chennai. The order pertains to the manufacturing and supply of Housings for Heavy Industrial Machines, which will add to the company's existing product portfolio and potentially contribute INR X 14.65 Crore annually. This development underscores the Company’s commitment to diversification, quality engineering, and strengthening of customer relationships in the industrial and heavy machinery segment.
Key Highlights
- Kranti Industries received a New Part Development Order from Bonfiglioli Transmissions (Pvt) Ltd, Chennai.
- The order is for the manufacturing and supply of Housings for Heavy Industrial Machines.
- The new product is expected to contribute INR X 14.65 Crore annually.
- This development signifies a strategic expansion into a critical industrial component segment.
- This move underscores the Company’s commitment to diversification, quality engineering, and strengthening of customer relationships in the industrial and heavy machinery segment.