Joint Venture of Talbros Automotive bags order worth Rs 1,000 crore
The joint venture (JV) of Talbros Automotive has bagged a multi-year contract valued at around Rs 1,000 crore from a European original equipment manufacturer (OEM). As per the firm, the order is to be executed over the next 8 years commencing from the fourth quarter of this fiscal.
Order is centered on the supply of suspension arms tailored for both conventional internal combustion engine (ICE) vehicles and new-age electric vehicle (EV) platforms. The firm's joint venture firm -- Marelli Talbros Chassis Systems (MTCS) has bagged the order.
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