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Sansera Engineering bags Rs 50.80 crore order from marquee North American manufacturer

29 Aug 2022 Evaluate

Sansera Engineering has received order confirmation for three components from a marquee North American manufacturer of EV passenger cars. These are precision forged and machined components for the passenger vehicles. The annual value of these orders is approximately Rs 50.80 crore (based on current forex rate). As indicated by the customer, after successful trials, the mass production of these parts will commence during FY24.

Earlier, the company had also been awarded an order worth Rs 49.70 crore from the same customer. With award of the new orders, the annual order book with this customer has crossed Rs 100 crore.

Sansera Engineering is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.

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