Announced Thu, 3 Sept · 12:45 IST
Autoline secures about 100 crore order from Tata Motors for SUV components
AUTOIND · price
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+2.3%1-day move
₹84.47
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₹85.36
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AI summary
Autoline Industries has secured a new business award from Tata Motors Passenger Vehicles Limited for supplying critical SUV components covering both ICE and EV vehicles. The award is for the company's Sanand facility and is expected to generate annual incremental revenue of about 100 crore, subject to production ramp-up and customer schedules. The order reflects Tata Motors' continued confidence in Autoline's engineering and manufacturing capabilities.
Likely market impact
About 100 crore annual revenue opportunity from Tata Motors strengthens order book and supports growth strategy in the SUV and EV components space.