Deals29 Jan 2026, 12:51 pm
Subros Ltd Wins Rs. 1280 Crores Business for Local Electric Compressors from Maruti Suzuki India Limited
AI Summary
Subros Ltd has been awarded a significant business deal for the supply of local Electric Compressors to Maruti Suzuki India Limited (MSIL) for its upcoming EV and Hybrid vehicle programs. The approximate value of the business award is Rs. 1280 Crores, spread over the life cycle of various models for about seven years. This strategic milestone in the electric mobility domain is expected to contribute positively to the Company’s future revenues and further strengthen its long-standing relationship with MSIL. Subros will execute localization of the Electric Compressor with technical assistance from DENSO Corporation, Japan and Toyota Industries Corporation, Japan.
Key Highlights
- Subros Ltd has been awarded a business deal worth Rs. 1280 Crores for the supply of local Electric Compressors to Maruti Suzuki India Limited.
- The deal represents a strategic milestone in the electric mobility domain and is expected to contribute positively to the Company’s future revenues.
- Subros will execute localization of the Electric Compressor with technical assistance from DENSO Corporation, Japan and Toyota Industries Corporation, Japan.
- This deal further strengthens Subros’ long-standing relationship with MSIL.
- The deal is expected to commence from respective Start of Production for about seven years.