Subros has executed definitive agreement with Zamil Air Conditioners India (ZAMIL) to acquire ZAMIL’s certain assets relating to manufacture of Home Air conditioning systems for total transaction value of Rs 111.50 million. The company has an order book of Rs 900 million from OEM customer(s) for supply of Home Air conditioning units. The execution of the orders will be by using the manufacturing factories of ZAMIL at Nalagarh, District Solan, Himachal Pradesh.
Subros is a leading manufacturer of automotive air conditioning systems and thermal products for automotive applications in India. The company has also been supplying cab mounted HVAC Units to Indian Railways for Driver Cabin application.
