Business Update1 Jun 2026, 10:45 am
Suprajit Wins $12M/Year New GCM Contracts, Lifetime Value $75M
AI Summary
Suprajit Engineering's GCM division secured new contracts worth approximately USD 12 million per year, with an estimated lifetime value of USD 75 million in May 2026. These contracts span across Matamoros, Morocco, China, and India plants, including a significant EV cable contract from a North American auto major worth USD 5.25 million per year. Additionally, SAL and SED received awards, including the GM “Supplier Quality Excellence Award” and the M&M “Mahindra Last Mile Mobility Award”.
Key Highlights
- Suprajit's GCM division wins new contracts worth $12M/year.
- Lifetime value of new GCM contracts estimated at $75M.
- Key EV cable contract secured with North American auto major.
- SAL and SED receive quality and innovation awards in May 2026.
- Advanced testing facility for braking products inaugurated June 1, 2026.
Price Impact
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