India’s leading automotive component manufacturer and aluminium die-casting producer Endurance Technologies Ltd has bagged an order from Hyundai Motor India. The order worth INR 42 crore involves supply of aluminium die casting parts from its Aurangabad facility during 2018-19.
Ramesh Gehaney, Chief Operating Officer and Executive Director of Endurance Technologies told the same to ETAuto. Endurance Technologies supplies automotive component to Hyundai Motor India, one of the key customers of the company.
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The company has also earmarked investments of INR 275 crore for capacity expansion, R&D, and new projects during FY 2018-19. The company will spend INR 120 crore on its factories in Italy and Germany.
Bajaj Auto, Royal Enfield, Renault-Nissan, Daimler, Fiat Chrysler, BMW and Tata Motors are some of the buyers of its products.
Endurance Technologies Ltd is constantly expanding its product base which includes aluminium casting, alloy wheels, suspension, transmission and braking products.
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