Subros has entered into a Memorandum of Understanding (MoU) with Denso Corporation Japan wherein Denso intends to entrust production Engine Cooling Module and Global Standard Radiator in India to Subros. The location of entrustment production would be at Subros Manesar plant.
The start of production is intended December, 2015. It has an annual sales potential of Rs 200 crore approximately and will entail an additional investment of approximately Rs 48 crore spread over next 3 years.
Subros has grown from a capacity of 15,000 AC units in 1985 comprising of largely an assembly operation, into the largest and only integrated manufacturing unit in India for Auto Air Conditioning systems. The company has the capability to manufacture compressors, condensers, heat exchangers and all the connecting elements that are required to complete the AC Loop.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 168.30 |
| Tube Investments | 2742.00 |
| Bosch | 47061.00 |
| UNO Minda | 1240.00 |
| Motherson SumiWiring | 40.35 |
| View more.. | |
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