Tamboli Industries Subsidiary Secures Component Supply Programme Worth Rs.20 Crore Annually
Tamboli Castings Secures Component Supply Programme from Global OEM
“The subsidiary has secured a long-term component supply agreement that could generate recurring annual revenue of around rupee 20 crore at full scale.”
Tamboli Castings will develop and supply precision-engineered components to an undisclosed global manufacturer in the off-highway equipment sector. The programme covers more than 50 components, with commercial supplies expected to begin in phases.
Programme Details and Revenue Potential
- The programme involves the development and phased supply of over 50 precision-engineered components for a multibillion-dollar Fortune 100 OEM.
- Once the programme reaches full commercial production, it could generate recurring annual revenue of approximately rupee 20 crore.
- Initial development orders have already been received, while further commercial releases will depend on customer approvals and requirements.
- Development work is expected to begin immediately, with the transition to commercial production likely to take around 2–3 years.
- The timing of the full revenue contribution will depend on the pace of customer approvals and the phased production rollout.
What to Watch Next
Investors may track the progress of component development, customer approvals and the transition to commercial production to assess when the programme could begin contributing its full revenue potential.
Disclaimer
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