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INDIA : Seforge inks Rs 600 crore supply deal with bearings manufacturer
Publish Date : 20-Jan-2012
Seforge, a subsidiary of Suzlon Group, inked Rs 600 crore supply deal with a leading bearings manufacturer.
As per this deal, Seforge will provide forged and machined rings utilized in different types of bearings, such as slew bearing rings, in next 5-year.
Seforge provides forged rings used in wind turbine towers and bearings. It also provides rings to key international players in oil and gas, power and defence sectors.
“This is a very important supply agreement for us and underscores our ability to deliver bearing rings of world-class quality at competitive prices. This agreement also lays the foundation for Seforge becoming a strong partner to the bearings and other related industries,” said Kamlesh Bhadani, CEO of Seforge.