Remsons Industries Limited, a leading manufacturer of automotive control cables and components, has announced a major breakthrough with the receipt of a prestigious international order from Stellantis N.V., North America, marking one of the largest deals in the company’s history.
The order, valued at over ₹300 crore, has been awarded for the supply of control cables for a range of Stellantis’ vehicles, including smart cars, Jeep models, and its three-wheeler segment. The deliveries under this long-term contract are scheduled to commence from the next financial year and will be executed over a period of seven years.
Key Highlights:
- Customer: Stellantis N.V., North America (an international automotive giant)
- Contract Value: Over ₹300 crore
- Product Scope: Automotive control cables for smart cars, Jeep, and three-wheeler segment
- Delivery Period: Spanning 7 years starting from FY 2025–26
- Nature of Contract: Supply contract with standard terms covering quality, pricing, and delivery schedules
This win underscores Remsons’ growing global presence and its capabilities in delivering high-quality automotive components to some of the world’s most recognized OEMs. The contract also highlights the company’s ongoing focus on expanding its international customer base and scaling operations to meet large-volume, high-quality demands.
Commenting on the development, a spokesperson from Remsons Industries stated:
“We are proud to be selected as a key supplier by Stellantis N.V., a global leader in the automotive industry. This order reaffirms our engineering excellence, product reliability, and strong execution capabilities. It also aligns with our strategic vision to grow in international markets and strengthen our position as a preferred partner for control cables globally.”