Deals10 Nov 2025, 07:01 pm
National Plastic Technologies Ltd Secures Contract from Hero Moto Corp Ltd for Plastic Body Parts Manufacturing
AI Summary
National Plastic Technologies Ltd has received a Letter of Comfort from Hero Moto Corp Ltd for the manufacture and supply of Plastic Body Parts painted & unpainted. The initial estimated order value is up to Rs.52.50 Crs p.a. The Company will set up a manufacturing unit at or near Sri City/Tirupathi, Andhra Pradesh within the next 6 to 8 months for the supply of these parts.
Key Highlights
- Contract value estimated at up to Rs.52.50 Crs per annum
- Manufacturing unit to be set up in Sri City/Tirupathi, Andhra Pradesh
- Supply to start from existing manufacturing locations during the interim period
- Contract tenure is for 3 years