GMM Pfaudler secures ₹330 crore European contract
GMM Pfaudler's German subsidiary, Pfaudler Normag Systems GmbH, secured a ₹330 crore contract from a European defence manufacturer. This significant win for Indian mid-cap involves designing and supplying acid recovery systems. With a 30% down payment and a four-year execution timeline, this order underscores GMM Pfaudler's global expertise and is expected to substantially boost future revenues.