In a regulatory exchange filing, the company informed exchanges about export order win of Rs 131.5 crore (~US $15.9 million) for North American HCVs application from Tier 1 rear & front axle manufacturer. The order will be executed over four years.
The company continued its streak to bag new export orders on back of strong capabilities. In FY22, the company had won total 18 contracts amounting to Rs 984 crore, to be supplied over three to five years. The management remains optimistic about demand prospects (domestic as well as global) with healthy double-digit topline growth in the offering over the next few years.
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