Subros Limited has announced a significant new business award from Maruti Suzuki India Limited (MSIL) for the supply of electric compressors for upcoming electric and hybrid vehicle programs. The approximate value of this business award is ₹1280 Crores, spread over the estimated seven-year life cycle of various models. This contract represents a strategic advancement for Subros in the electric mobility sector and is expected to positively impact the company's future revenues. It also reinforces the long-standing relationship between Subros and MSIL, solidifying Subros's position as a leading automotive thermal systems manufacturer in India. The electric compressors will be localized with technical assistance from DENSO Corporation and Toyota Industries Corporation of Japan. Subros Limited, established in 1985, is a prominent manufacturer of thermal products for automotive applications in India, operating in technical collaboration with DENSO Corporation, Japan. The company is the sole integrated manufacturer in India for Auto Air Conditioning systems and Thermal Products, supplying components for passenger vehicles, buses, trucks, and refrigeration transport.
