Stock to track, Sansera Engineering shares in focus: Sansera Engineering on Tuesday said that it entered into a long-term contract with Airbus Defence and Space for the manufacture, supply, and support of the Airborne Intensive Care Transport Module (ICTM). The deal is valued at approximately Rs 1,60 crore (USD 18.8 million).
Under the agreement, Sansera will handle precision machining and structural assembly of the ICTM units for Airbus’s light and medium transport aircraft programs.
According to S Sekhar Vasan, Chairman and MD of Sansera Engineering, this partnership reflects our long-standing commitment to innovation, autumn ation, and quality in precision manufacturing and also supports the government’s ‘Make in India’ initiative by enhancing domestic aerospace manufacturing capabilities.”
“I am proud to announce that Sansera has been selected as the Indian supply chain partner for Airbus, a leading global aerospace & defence company. This strategic partnership positions us as their trusted supplier for the manufacture, supply, and support of the Airborne Intensive Care Transport Module for light and medium transport aircraft programs, marking a significant milestone in our journey as a precision manufacturing leader,” Vasan said.
“This achievement reflects decades of excellence in innovation, automation, and quality that have established Sansera as a trusted name in the global aerospace supply chain and defence industry. This partnership not only strengthens the Prime Minister’s Make in India initiative by establishing advanced aerospace manufacturing capabilities in India but also position us in the international market and India’s self-reliance in critical defence and aerospace technologies.” he said.
What is ICTM
The Airborne Intensive Care Transport Module (ICTM) is a specialised medical system designed for the safe evacuation of critically ill patients during emergencies. It functions as a mobile intensive care unit, equipped to deliver advanced medical support while in flight, ensuring continuity of care similar to that provided in a hospital ICU.
Sansera Engieering Stock Update
On Tuesday, shares of Sansera Engineering ended over 1 per cent higher at Rs 1,360, apiece on the NSE.
What does Sansera Engineering do?
Sansera Engineering Limited, a midcap firm with a m-cap of 8.44k crore is a technology-driven manufacturer specializing in precision-engineered components for both automotive and non-automotive industries. It focuses on producing forged and machined parts used in a wide range of applications, including passenger vehicles, two-wheelers, commercial vehicles, aerospace, off-road vehicles, and agricultural machinery.
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