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Varroc Wins Strategic Contract for AC Bi-Directional Wall Charger
POWER & RENEWABLE ENERGY

Varroc Wins Strategic Contract for AC Bi-Directional Wall Charger

Varroc Engineering Limited (Varroc) has won a multi-year supply contract to provide AC bi-directional wall chargers to a leading global electric vehicle original equipment manufacturer. The chargers will be Energy Star compliant and built to deliver high stability, enhanced safety and consistent charging performance. Manufacturing will take place at Varroc's established facility in Romania to ensure quality production and timely deliveries in line with global standards. Varroc is a global tier-one automotive supplier with end-to-end capabilities across design, development and manufacturing.

The programme is expected to run for six years with Varroc establishing peak annual capacity that aligns with forecasted volumes. The estimated annual business value at peak capacity is Rs 4,391 mn, equivalent to about USD 48 mn. The company said the award reflects its ability to meet stringent technical and regulatory requirements for vehicle electrification. Production at the Romania site is expected to support localisation and supply chain efficiency for the programme.

Varroc indicated that the contract underlines its commitment to supplying world-class electronics solutions and to collaborate with the automotive ecosystem to enable safe, smart and sustainable mobility. The agreement is expected to strengthen Varroc's footprint in the global passenger vehicle electronics market and to support its strategic roadmap for growth in advanced safety, lighting and electric powertrain solutions. The programme will leverage the group's capabilities in electronics manufacturing, product development and system integration.

The group reported consolidated revenue of Rs 81,718 mn from continued operations in fiscal year 2025 and employs more than 6,100 employees, including more than 750 R&D engineers. Varroc operates 37 global manufacturing facilities supported by seven R&D centres and has filed more than 120 patents. The company intends to continue investing in technologies that address growing global demand for e-mobility, connectivity and advanced driver assistance systems.

Varroc Engineering Limited (Varroc) has won a multi-year supply contract to provide AC bi-directional wall chargers to a leading global electric vehicle original equipment manufacturer. The chargers will be Energy Star compliant and built to deliver high stability, enhanced safety and consistent charging performance. Manufacturing will take place at Varroc's established facility in Romania to ensure quality production and timely deliveries in line with global standards. Varroc is a global tier-one automotive supplier with end-to-end capabilities across design, development and manufacturing. The programme is expected to run for six years with Varroc establishing peak annual capacity that aligns with forecasted volumes. The estimated annual business value at peak capacity is Rs 4,391 mn, equivalent to about USD 48 mn. The company said the award reflects its ability to meet stringent technical and regulatory requirements for vehicle electrification. Production at the Romania site is expected to support localisation and supply chain efficiency for the programme. Varroc indicated that the contract underlines its commitment to supplying world-class electronics solutions and to collaborate with the automotive ecosystem to enable safe, smart and sustainable mobility. The agreement is expected to strengthen Varroc's footprint in the global passenger vehicle electronics market and to support its strategic roadmap for growth in advanced safety, lighting and electric powertrain solutions. The programme will leverage the group's capabilities in electronics manufacturing, product development and system integration. The group reported consolidated revenue of Rs 81,718 mn from continued operations in fiscal year 2025 and employs more than 6,100 employees, including more than 750 R&D engineers. Varroc operates 37 global manufacturing facilities supported by seven R&D centres and has filed more than 120 patents. The company intends to continue investing in technologies that address growing global demand for e-mobility, connectivity and advanced driver assistance systems.

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