Sansera Engg inks long-term pact with Dynamatic Tech

Image
Last Updated : Sep 06 2024 | 3:31 PM IST

Sansera Engineering announced that it has signed a memorandum of understanding (MoU) with Dynamatic Technologies to supply intricate structural parts for the Airbus A220 Door Program.

Under this contract, Sansera Engineering will leverage its cutting-edge manufacturing capabilities and expertise to produce high-precision components crucial for the Airbus A220 aircraft doors.

The Airbus A220 is renowned for its efficiency, performance, and passenger comfort, making it a preferred choice for airlines worldwide. The components manufactured by the company will play a crucial role in maintaining the high standards of quality and reliability associated with the A220, said the firm.

This contract not only strengthens the bond between the companies but also highlights the growing importance of Indian manufacturers in the global aerospace supply chain, it added.

S. Sekhar Vasan, chairman & managing director of Sansera Engineering, stated, We are honoured to be entrusted with this critical role in the Airbus A220 Door program. Our team is committed to upholding the highest standards of quality and precision with on time delivery, and we are excited to work closely with Dynamatic Technologies to achieve these goals.

Sansera Engineering is primarily engaged in the machining of precision engine forged components for the automotive (2Ws and 4Ws) and non-automotive sectors (aerospace, agriculture). The company also manufactures connecting rods for medium and heavy commercial vehicles.

Dynamatic Technologies designs and builds highly engineered products for automotive, aerospace, hydraulic and security applications.

Shares of Sansera Engineering declined 1.99% to Rs 1382.45 while those of Dynamatic Technologies added 0.33% to Rs 7,960.45 on the BSE.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 06 2024 | 3:20 PM IST

Next Story