Mohali based Sigma Vibracoustic (India), a 50:50 JV between Sigma group of
Delhi and Vibracoustic Europe has bagged an order worth Rs 50 crore from a
commercial vehicle manufacturer to supply air spring bellows and front
suspension parts.
While, the company is likely to cater to the demand by importing the air
spring bellows from one of its associate companies in Hungary, other components
are expected to be manufactured at its plant in Mohali, Punjab. The company is
also likely to set up a dedicated assembly line at its Mohali plant.