12 Mar 2025
Strengthening Military Transport with Reliable Vehicles
SML ISUZU Limited has secured a major contract from the Indian Air Force (IAF) to supply 114 BS VI, 4-Wheel Drive Troop Carriers. As per the company’s regulatory disclosure on March 12, 2025, the order is valued at ₹24.71 crore. This marks a significant achievement for SML ISUZU in the defense procurement sector.
Key Highlights of the Order
- Indian Air Force awards SML ISUZU a ₹24.71 crore contract for 114 troop carriers.
- Troop carriers will have a 20-seat capacity and adhere to BS VI emission norms.
- Vehicles to be delivered between March 11 and July 9, 2025.
- Contract awarded through Government e-Marketplace (GeM) tender process.
- No related party transactions involved in the deal.
Impact on SML ISUZU’s Market Position
With this deal, SML ISUZU is expected to enhance its presence in the specialized defense vehicle segment. The contract may also impact the company's stock market performance, as it is listed on both BSE (505192) and NSE (SMLISUZU). Investors will closely monitor how this order influences the company’s financials for the fiscal year.
Advancing India’s Defense Mobility
This order further strengthens India’s defense mobility infrastructure, ensuring the armed forces have access to reliable and efficient troop transport solutions. With timely delivery and adherence to the highest quality standards, SML ISUZU continues to reinforce its position as a trusted defense vehicle supplier.
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