Synergies bags order from General Motors

Visakhapatnam, April 26, 2007

Two orders worth more than $100 million

Synergies, the India's leading global scale, world class Aluminium Alloy Wheel plant as well as India's first facility to supply to Ford-Germany, bagged an order from General Motors, USA to supply alloy wheels for the high end Cadillac Escalade platform. The order for nearly 15,000 'chrome finished' 22-inch alloy wheels follows the previous order for the Hummer H2, which has been supplying for the past one and half years with zero defaults on quality.

These two orders are worth more than $100 million and will be spread over four years. Industry sources say that this is one of the single largest global OEM orders for an India auto components manufacturing company. The company bagged the orders purely on the strengths of technical know-how, execution capability and proven track record.

According to Synergies Director Nayan Chirala, the company has successfully completed the Phase I of the development of ESCALADE wheel as well and commenced commercial supplies completed.

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