MoneyWorks4Me

Precision Camshafts’ arm secures contract from Linamar Antriebstechnik

16 Aug 2019 Evaluate

Precision Camshafts’ step down subsidiary -- MFT Motoren und Fahrzeugtechnik GmbH (MFT) has been awarded with contract of over 1.80 lakh Sets of Machined Balancer Shaft Assemblies from Linamar Antriebstechnik GmbH, Germany over the life of the program. The balance shaft units will be used in Opel PSA engines and is expected to commence supplies from end of FY 2019-20. The aggregate value of this program over its life time is estimated to be Rs 208 crore.

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.

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