Subros Limited has secured a substantial new business award from Maruti Suzuki India Limited (MSIL) for the supply of HVAC (Heating, Ventilation, and Air Conditioning) assembly. The contract, valued at approximately ₹1225 Crores, spans a total lifecycle of about seven years. This significant award is expected to enhance Subros’s presence in the western region, drive business growth, and further strengthen its long-standing relationship with MSIL.
Subros Secures Major Automotive Contract
Subros Limited announced on October 27, 2026, that it has received confirmation of a significant new business award for the supply of HVAC (Heating, Ventilation, and Air Conditioning) assembly from Maruti Suzuki India Limited (MSIL). This award represents a substantial development for the company, reinforcing its role as a leading automotive thermal systems manufacturer in India.
Contract Value and Duration
The approximate value of this business award is pegged at ₹1225 Crores. This figure is spread over the total life cycle of the model for which the HVAC assembly will be supplied, estimated to be approximately seven years. The terms and conditions of the contract are in line with the existing Basic Purchase Agreement between Subros and MSIL.
Strategic Impact and Market Position
This new business award is poised to significantly enhance Subros’s presence and drive business growth, particularly in the western region. Furthermore, it serves to strengthen the company’s long-standing relationship with Maruti Suzuki India Limited. Subros’s integrated manufacturing capabilities for automotive air conditioning systems and thermal products are highlighted by this development, solidifying its position in the market.
About Subros Limited
Founded in 1985, Subros Limited is a leading manufacturer of thermal products for automotive applications in India. The company operates in technical collaboration with DENSO Corporation, Japan, and is the sole integrated manufacturing unit in India for Auto Air Conditioning systems and Thermal Products. Subros caters to various segments including Passenger Vehicles, Buses, Trucks, Refrigeration Transport, and Railways, manufacturing components such as compressors, condensers, and heat exchangers.
Source: BSE
