Remsons Industries Limited has announced a major order valued at over ₹300 crore from Stellantis NV, a leading global automaker, for the supply of control cables to its North American operations. The announcement was made in a formal submission to the stock exchanges today.
This contract marks a milestone for the Mumbai-headquartered auto parts maker, representing one of the largest deals in the company’s history. The scope of the order includes providing control cables for various vehicle lines, including Stellantis’ Smart Car range, Jeep models, and three-wheeler products.
As detailed in the exchange filing, deliveries under the agreement are set to begin in the next financial year. The supply will be executed over a period of seven years, in line with agreed terms on product quality, timelines, and pricing.
The order is seen as a strategic step for Remsons as it continues to expand its global reach and reinforce its position in the competitive automotive components sector. It also signals continued trust from a major international vehicle manufacturer.
Stellantis N.V., formed through the 2021 merger of Fiat Chrysler Automobiles and the PSA Group, ranks among the top automakers in the world. Its portfolio includes prominent brands such as Jeep, Dodge, Ram, Chrysler, Fiat, Peugeot, Opel, and Citroën.
According to Remsons, this new agreement is a purely commercial arrangement. None of the company’s promoters or affiliated entities hold any stake or involvement in Stellantis, and the order does not constitute a related party transaction.
The development is expected to contribute meaningfully to Remsons’ growth outlook, particularly in the North American market, where demand for reliable component suppliers continues to grow amid shifts in vehicle design and production priorities. By securing this long-term supply commitment, Remsons strengthens its role in the evolving global automotive supply chain, positioning itself to support current and future model platforms under the Stellantis umbrella.
Remsons Industries Ltd is a leading manufacturer of OEM automotive components, serving two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and off-highway vehicles across India and international markets for over five decades. Headquartered in Mumbai, the company operates state-of-the-art manufacturing facilities in Gurgaon, Pune, Pardi, and Daman (India), as well as in Stourport and Redditch (UK).
For more than 50 years, Remsons has remained a trusted name in the automotive industry, known for its commitment to quality, innovation, and customer satisfaction. The company’s mission is to harness advanced technology and human ingenuity to drive product innovation that positively impacts stakeholders, the environment, and society. Remsons’ product portfolio includes a wide range of high-performance automotive components such as control cables, gear shifters, pedal boxes, winches, lighting systems, and sensors—supplying to leading automotive OEMs both domestically and globally.
