Tractor Sector Boost: Pritika Auto Industries Lands Major OEM Order

Pritika Auto Industries has secured a significant annual order worth Rs 30 crore from major tractor manufacturers in India. The deal involves supplying 250 tons of new large components monthly to OEMs and highlights Pritika's strategic focus on increasing production capabilities and market expansion.

Pritika Auto Industries, a key player in the tractor components sector, announced it has secured an order valued at Rs 30 crore annually from leading tractor manufacturers in India.

The contract with original equipment manufacturers (OEM) requires Pritika to deliver around 250 tons each month of newly designed large components specifically for tractors.

In a statement, Managing Director Harpreet S. Nibber emphasized that this order strengthens the company's strategic focus on enhancing production capabilities and expanding its market footprint. Pritika serves OEMs like M&M Swaraj and TAFE, among others, with facilities in Punjab and Himachal Pradesh, boasting a production capacity exceeding 75,000 MTPA.

(With inputs from agencies.)