Drivesys Systems, a wholly owned subsidiary of ZF Steering Gear (India), has secured an order worth approx. Rs 151 crore from a prominent Indian business conglomerate in the renewable energy sector.
The agreement involves the manufacturing and supply of machined aluminum parts, a key component for the company's renewable energy projects. The order is scheduled for execution within a period of 15 months. This development underscores Drivesys Systems' growing role in supporting India's renewable energy initiatives, reflecting the rising demand for high-quality manufacturing solutions in the sector.
The value of this contract marks a substantial milestone for the company, further strengthening its position in the Indian manufacturing and renewable energy markets.