Tamboli subsidiary wins Fortune 100 OEM supply program

Tamboli Industries Limited announced that its wholly owned subsidiary, Tamboli Castings Limited (TCL), has been selected for a comprehensive component development and long-term supply program by a multibillion-dollar Fortune 100 global Original Equipment Manufacturer (OEM). Following a rigorous global evaluation, TCL was chosen for direct supply to the OEM's global operations. The program involves over 50 precision-engineered components, with initial development orders received and subsequent phases expected over the coming months. Upon successful development and transition, the program is projected to generate recurring annual business potential of approximately ₹20 crore.