MoneyWorks4Me

Precision Camshafts bags global contract from Ford

29 May 2017 Evaluate

Precision Camshafts has won a global contract from Ford for the delivery of circa 8 million camshafts over the life of the programme, which is expected to commence supplies from 2018-19. The aggregate value of this programme over its lifetime is estimated to be Rs 550 crore. The camshafts are to be supplied to their facilities in Spain and China.

Precision Camshafts is one of the world’s leading manufacturers and supplier of camshafts, a critical engine component, in the passenger vehicle segment based on its estimated global market share by volume.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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