Modern Automotives Expands Capacity, Bags Rs. 150 Crore BMW Order
Modern Automotives Limited
Modern Automotives is targeting 25% CAGR by FY2031 with a new cold-forming facility in Mandi Gobindgarh, Punjab, to produce high-precision components for automotive, aerospace, and defence sectors. The company plans to scale forging capacity from 36,000 to 60,000 tonnes. It has begun front fork assembly production and aims to become a systems integrator. The company has secured a Rs. 150 crore export order from BMW Germany to supply 2.5 million EV differential pinion shafts by 2034.
Location: Gobindgarh Punjab
Estimated Value (Rs. Cr): 150
Sector: Automotive
Project Stage: Contract Award
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