MTAR Technologies has entered into long-term contract with Weatherford Products GMBH for execution of Rs 90 crore orders annually.
The contract is for 10 years. The company expects to execute around Rs 10 crore in FY26 and around Rs 90 crore YoY starting from FY27. The company plans to execute these orders in a new facility at Adibatla that shall be operational by June 2026.
MTAR Technologies is a leading precision engineering solutions company engaged in the manufacture of mission critical precision components with close tolerances (5-10 microns).
