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Talbros Automotive Components JV secures order from Maruti Suzuki

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Capital Market
Last Updated : Jan 31 2018 | 6:50 PM IST

For supply of Control Arm Assemblies for Front Suspension

Talbros Automotive Components announced that Magnetti Marelli Talbros Chassis Systems, a 50:50 JV between Talbros Automotive Components and Magnetti Marelli S.P.A (Milano), has received an order to supply Control Arm Assemblies for Front Suspension for the new generation Maruti Suzuki vehicle. The production is likely to commence from August 2019.

The order spans for the life of the model and estimated revenue from the same is about Rs 24 crore per annum.

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First Published: Jan 31 2018 | 5:41 PM IST

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