Deals16 Apr 2026, 04:41 pm
Rishabh Instruments' Lumel SA bags €3M order from German energy firm
AI Summary
Rishabh Instruments Limited announced that its wholly-owned subsidiary, Lumel SA, has secured an additional order valued at €3 million (approximately ₹30 Crores) from a leading Germany-based energy sector company. This contract involves the supply of advanced electronic devices for industrial automation applications within the energy sector and is valid through the end of 2027. This marks the second order from the same customer, reinforcing the strategic partnership and Lumel SA's international expansion strategy, supported by recent investments in manufacturing capabilities.
Key Highlights
- Lumel SA, Rishabh Instruments' subsidiary, secured a €3 million order.
- The order is for advanced electronic devices for industrial automation.
- Contract is with a leading Germany-based energy sector company until end-2027.
- This is the second order from the same client, highlighting a strong partnership.
- Reinforces Lumel SA's international expansion and manufacturing capabilities.