logo
#

Latest news with #Sansera

Sansera Engineering gains on Rs 160-cr Airbus Defence contract
Sansera Engineering gains on Rs 160-cr Airbus Defence contract

Business Standard

timea day ago

  • Business
  • Business Standard

Sansera Engineering gains on Rs 160-cr Airbus Defence contract

Sansera Engineering rose 1.22% to Rs 1,365 after the company secured a Rs 160-crore long-term contract with Airbus Defence and Space to manufacture and support Airborne Intensive Care Transport Modules (ICTM) for light and medium transport aircraft. This deal marks the first time Airbus has selected an Indian supplier for the ICTM kits. The ICTM is a critical medical evacuation system designed to transport patients, including those requiring intensive care, during emergencies. Under the agreement, Sansera will handle precision machining and structural assembly of the modules. S Sekhar Vasan, chairman & managing director of Sansera, said, 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. 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. The company reported a 28.7% surge in consolidated net profit to Rs 59.27 crore on a 4.8% rise in revenue from operations to Rs 781.65 crore in Q4 FY25 over Q4 FY24.

Sansera secures long term contract from Airbus Defence and Space
Sansera secures long term contract from Airbus Defence and Space

Business Standard

time3 days ago

  • Business
  • Business Standard

Sansera secures long term contract from Airbus Defence and Space

Sansera Engineering has entered a long-term contract of value approx. Rs 160 crore (USD 18.80 million) with Airbus Defence and Space for the manufacture, supply, and support of the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs. The ICTM is an advanced airborne medical evacuation system designed to transport patients with varying levels of medical criticality, including those requiring intensive care, during emergencies and health crises. For the first time, Airbus has selected Sansera, an Indian supplier for the manufacturing of the ICTM Kit. Under this contract, Sansera will be responsible for the precision machining and structural assembly of the ICTM units.

Sansera Engineering wins ₹160 crore Airbus deal for airborne ICT modules
Sansera Engineering wins ₹160 crore Airbus deal for airborne ICT modules

Business Standard

time3 days ago

  • Business
  • Business Standard

Sansera Engineering wins ₹160 crore Airbus deal for airborne ICT modules

Sansera Engineering Limited has signed a major long-term agreement with Airbus Defence and Space, valued at ₹160 crore (approximately $18.8 million). The Bengaluru-based precision engineering company will manufacture, supply and support airborne Intensive Care Transport Modules (ICTM) for Airbus' light and medium transport aircraft programmes. First Airbus ICTM contract awarded to an Indian supplier The ICTM is a vital medical evacuation system designed for transporting patients, including those in intensive care, during emergencies and health crises. It is a key component in defence and humanitarian missions. This is the first time Airbus has selected an Indian company to supply the ICTM kit, marking a significant milestone in both Sansera's global expansion and India's growing capabilities in aerospace manufacturing. The agreement covers complete manufacturing, delivery and ongoing support for the ICTM units. Sansera will carry out precision machining and structural assembly. It also marks the first formal partnership between Airbus and Sansera for such a specialised aerospace project in India. S Sekhar Vasan, Chairman and Managing Director of Sansera Engineering, said, 'I am proud to announce that Sansera has been selected as the Indian supply chain partner for Airbus, a leading global aerospace and defence company. This strategic partnership positions us as their trusted supplier for the Airborne Intensive Care Transport Module for light and medium transport aircraft programmes, marking a significant milestone in our journey as a precision manufacturing leader.' '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. It also strengthens the Hon'ble Prime Minister's Make in India initiative by establishing advanced aerospace manufacturing capabilities in India and supports the country's journey towards self-reliance in critical defence and aerospace technologies,' he added. In addition to aerospace and defence, Sansera Engineering is a key player in the automotive sector. The company manufactures essential components for engines, transmissions, braking systems, suspension and chassis across two-wheelers, passenger vehicles and commercial vehicles. Sansera also supplies critical parts to the semiconductor manufacturing industry, further diversifying its presence across high-tech and precision-driven sectors.

Sansera Engineering signs Rs 160 crore contract with Airbus to manufacture critical airborne medical modules
Sansera Engineering signs Rs 160 crore contract with Airbus to manufacture critical airborne medical modules

Business Upturn

time3 days ago

  • Business
  • Business Upturn

Sansera Engineering signs Rs 160 crore contract with Airbus to manufacture critical airborne medical modules

By Aditya Bhagchandani Published on June 3, 2025, 14:30 IST Sansera Engineering Limited has announced a significant milestone in its aerospace journey, securing a long-term contract valued at approximately Rs 160 crore (USD 18.8 million) with Airbus Defence and Space. Under this agreement, Sansera will be responsible for the manufacture, supply, and support of the Airborne Intensive Care Transport Module (ICTM), a specialized medical evacuation system designed for light and medium transport aircraft. The ICTM is engineered to facilitate the air transport of patients in critical condition, including those needing intensive care support. This contract marks the first time Airbus has partnered with an Indian company for the manufacturing of the ICTM Kit. Sansera will handle the precision machining and structural assembly of the modules at its Bengaluru facility. The partnership is seen as a strategic boost for India's growing role in the global aerospace and defence supply chain. Commenting on the deal, Sansera's Chairman & MD, Mr. S Sekhar Vasan, said, 'This partnership not only elevates Sansera's position in the aerospace sector but also contributes to the Make in India initiative by enhancing local advanced manufacturing capabilities.' Founded in 1981, Sansera Engineering has built a reputation for supplying complex precision components across both automotive and non-automotive sectors. This includes key supplies to aerospace, defence, and semiconductor industries. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store