Talbros Automotive Components’ 50% JV Company -- Marelli Talbros Chassis Systems has received multi-year order from a large European car manufacturer. The order is for supplying BIW (Body in White design) parts. The order supplies will begin in Q1FY22 from the JV Company’s plant in Pune, Maharashtra. The annual order value is estimated at Rs 14.4 crore. The order value is estimated at approximately Rs 92 crore over the life of the contract. No major investments will be required to fulfil this order as the JV Company has sufficient capacity.
Talbros Automotive Components, the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK. Today, Talbros stands proud and tall as a mother brand of gaskets, chassis, rubber products and forgings in India. Talbros Group portfolio also includes Mercedes Benz dealership for passenger cars.