Award15 May 2025, 09:39 am
Remsons Industries Ltd Receives INR 300 Crores Business Award from Stellantis N.V., North America
AI Summary
Remsons Industries Limited has been awarded a significant business award from Stellantis N.V., North America for the supply of control cables. The order value is more than INR 300 Crores, making it one of the largest orders in REMSON's history. The delivery schedules for this contract will commence from the next financial year.
Key Highlights
- Order value over INR 300 Crores, one of the largest in REMSON's history
- Delivery schedules to start from next financial year
- Order for supply of Control Cables for Stellantis Smart Cars, Jeep and their Three Wheeler Segment
- Order includes standard terms related to quality, delivery schedule, and pricing as mutually agreed by both parties
- Order value is over INR 300 crore