
Tamboli Industries Secures Long-Term Supply Deal with Fortune 100 OEM
Tamboli Industries Ltd (TCL) has secured a significant component development and long-term supply program from a multibillion-dollar Fortune 100 global Original Equipment Manufacturer (OEM) in the off-highway equipment and advanced mobility sector. This award, following over three years of engagement and a competitive global evaluation, covers more than 50 precision-engineered components and has a potential recurring annual business of over ₹20 Crore upon full transition within the next 2-3 years. This marks a structural, long-term growth driver for TCL as global customers build alternate supply chains. The company is optimistic about its FY27 and FY28 outlook, supported by demand from Europe, large projects in the USA, and medium-sized projects in India. To meet anticipated demand, TCL is expanding its machining facility and adding CNC capacity, expecting to reach optimum capacity utilization by FY28.
Key Highlights
- Secured long-term supply program from a Fortune 100 global OEM.
- Program covers 50+ precision components with ₹20 Crore+ annual potential.
- Award follows 3+ years of engagement and global competitive evaluation.
- Anticipates reaching optimum capacity utilization by FY28.
- Expanding machining facilities and adding CNC capacity to meet demand.
Price Impact
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