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SAKTHI STRENGTHENS DELPHI BOND (to supply two different steering knuckles to Delphi Corporation in the US).
(From India Business Insight)
The Rs130-crore Sakthi Auto Components (SAC) of Coimbatore will supply two different steering knuckles to Delphi Corporation in the US. The first shipment will leave for the US in Jun 2005 and the initial volumes will be about 15,000 sets per month. SAC has been supplying similar components to Delphi Corporation in Mexico to the tune of about 15,000 sets per month. The US order and more international business is slated to increase its export revenue from Rs26 crore in 2004-2005 to about Rs70 crore in 2005-2006 with its ...
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