Highest ever order win within the Company’s historical past
PUNE, India, Sept. 26, 2022 /PRNewswire/ — Alicon Castalloy Ltd (Alicon) (BSE: 531147) (NSE: ALICON), one of many main built-in producers of aluminum castings in India, has introduced that it has been chosen by Jaguar Land Rover within the United Kingdom to produce the eAxle Housing, a important product for their eMobility platform. This part is an built-in eMotor and Transmission Housing.
The order win is a big, multi-million greenback order for deliveries over 5 years and is the very best ever order win from a single buyer for a single product within the Company’s historical past. The product can be manufactured at Alicon’s facility at Pune, India.
This nomination showcases Alicon’s robust model picture within the business, its experience in manufacturing important and complicated parts in addition to its competitiveness on the worldwide stage. This order win provides to the momentum within the eMobility business, not too long ago rebranded as Carbon Neutral, and validates its rising international footprint.
About Alicon Castalloy Ltd
Alicon Castalloy Limited (Alicon) (BSE: 531147) (NSE: ALICON) is one among India’s largest built-in producers of aluminum castings. Headquartered at Pune, the Company amalgamates the perfect of European Engineering, Japanese Quality and Indian Ingenuity & frugality to serve a diversified marquee buyer base throughout sectors resembling cars, infrastructure, aerospace, power, agriculture, defence and healthcare. It operates one of many largest aluminum foundries in India and has developed a sturdy and progressive product pipeline, spanning 16 segments. Alicon enjoys a world presence encompassing services at Shikrapur, Chinchwad, Binola in India, and Slovakia in Europe.
For extra details about us, please go to www.alicongroup.co.in or contact:
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Gaurav Agrawal Alicon Castalloy Ltd Email: [email protected] |
Mayank Vaswani / Mit Shah CDR India Email: [email protected] |
DISCLAIMER:
Certain statements that could be made or mentioned on the convention name could also be forward-looking statements. Such forward-looking statements are topic to sure dangers and uncertainties like authorities actions, native, political or financial developments, technological dangers, and lots of different components that might trigger precise outcomes to vary materially from these contemplated by the related forward-looking statements. Alicon Castalloy won’t be in any approach accountable for any motion taken based mostly on such statements and undertakes no obligation to publicly replace these forward-looking statements to mirror subsequent occasions or circumstances.
