What significant order did Remsons Industries receive?

Remsons Industries received a ₹60 crore order from a leading Indian commercial vehicle OEM.

How long is the Remsons Industries contract?

The contract with the Indian OEM is for a duration of five years.

When will Remsons Industries start supplying under the new contract?

Supplies under the new ₹60 crore contract are scheduled to commence from the June quarter of FY27.

Home / Business and Economy / Remsons Lands ₹60 Cr Deal with Top Indian OEM

Remsons Lands ₹60 Cr Deal with Top Indian OEM

5 Jan

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Summary

Remsons secures a ₹60 crore order from a leading Indian OEM.
The contract for gear shifters and cables spans five years.
Supplies are scheduled to begin in the June quarter of FY27.

Remsons Lands ₹60 Cr Deal with Top Indian OEM

Remsons Industries, a prominent supplier of cables and shifters for the automotive sector, has announced a substantial ₹60 crore order from a leading Indian commercial vehicle OEM. This significant contract solidifies Remsons' position in the market and highlights its robust engineering capabilities.

The agreement mandates the supply of Gear Shifter with Push Pull Cables over a period of five years, with the first deliveries slated to commence in the June quarter of the 2027 financial year. This long-term commitment reflects the OEM's confidence in Remsons' product quality and consistent performance.

According to Amit Srivastava, Group CEO of Remsons, this new contract not only reinforces the company's enduring relationships with major OEMs but also validates their technical expertise and manufacturing excellence. The business win is expected to contribute positively to Remsons' order book and ensure sustained growth within the commercial vehicle segment.