Subros provides business update

Expects new business opportunity to add Rs 175 crore to top line

Subros announced that the Company has acquired businesses for Blower assembly from Ashok Leyland, Swaraj Mazda Isuzu, Mahindra Truck and Bus Division and Tata Motors. In addition, few of these customers are choosing air-conditioning fitment as an optional action. In the coming year, the new business opportunity will add approximately Rs.175 crore to the top line of Subros.

On 08 August 2017, the Ministry released a draft notification that requires all N2 & N3 category vehicles to be equipped with air conditioning system or ventilation system conforming to requirements of AIS 056 (Rev 1): 2017 effective from 01 January 2018. The 'AIS 056 Requirements of Truck Cabin Ventilation System for Category N2 & N3 Vehicles' provides guidelines for natural and forced ventilation. This includes the guidelines for both OE and third party built cabs.

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