Varroc Engineering Limited has secured a multi-year contract to supply high voltage electronics to an electric vehicle manufacturer, marking a critical milestone in its expansion within the electric mobility sector. The Pune-based company will provide a full suite of e-powertrain components, signaling its growing capabilities in advanced EV systems.
Eight-Year Supply Deal Anchored in Romania
Under the eight-year agreement, Varroc will manufacture and supply power electronics units, inverters, onboard chargers, battery management systems, and DC-DC converters. Production will be carried out at the company’s Romania facility, which is equipped to support high-volume and high-performance electronics manufacturing. The contract is expected to reach a peak annual value of INR 8,000 million, based on volume projections from the EV manufacturer.
Dhruv Jain, CEO of Business II at Varroc, stated that the win validates the company’s deep expertise in electronics and its strong understanding of the global EV ecosystem. He emphasized Varroc’s commitment to delivering reliable, efficient, and globally compliant solutions for e-powertrain applications.
Strengthening Varroc’s Position in Global EV Electronics
The new partnership strengthens Varroc’s presence in the global passenger vehicle electronics market and aligns with the company’s strategy of accelerating growth in electronics, lighting, and electric powertrain solutions. Over recent years, Varroc has increased its investments in advanced technologies supporting e-mobility, connectivity solutions, and driver assistance systems.
Global Footprint and Technical Expertise
Founded in 1988, Varroc Engineering operates as a global tier-1 automotive supplier with 37 manufacturing facilities and seven R&D centers worldwide. The company employs over 6,100 people, including more than 750 engineers, and has filed more than 120 patents. In FY25, Varroc recorded income of INR 81,718 million from continued operations. Its shares are publicly listed on both the National Stock Exchange and the Bombay Stock Exchange.
