Precision Camshafts has won additional contracts worth Rs 275 crore from original equipment manufacturers (OEMs) for fully-machined camshafts.
The company has bagged Rs 190 crore contract from Ford for 1.5 million camshafts. It has also received a Rs 50 crore order from M&M and a Rs 35 crore order from General Motors for 0.5 million each.
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.