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AZAD Engineering Limited signs €90.1 million contract with Siemens Energy for critical components manufacturing
Jan 30, 2025•over 1 year ago
Contract Type
contract
ManufacturingOil And GasAutomotive
Description
AZAD Engineering Limited has announced the signing of a long-term contract and price agreement with Siemens Energy Global GmbH & Co. KG for the manufacturing and supply of mission-critical components, valued at €90.1 million (INR 811 Cr). The agreement spans a period of six years and marks a significant milestone in AZAD Engineering’s growth.
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months