Sweden-based Concentric AB has fetched major business nomination in the growing Indian electric commercial vehicles market. The company announced its nomination for a contract worth 70 Million Swedish Krona (MSEK) over the period of 5 years, with production starting in 2025. The global manufacturer of coolants and lubricants, the company’s electric coolant pump has been selected by the Indian Original Equipment Manufacturer (OEM) for a new battery electric bus platform. Concentric AB is looking forward to a long-term commercial relationship with this strategic customer, developing additional battery electric- and fuel-cell-powered bus platforms. “This new business nomination with a leading Indian electric bus OEM is very important to Concentric and confirms the successful execution of two of our strategic development pillars, our electrification growth strategy and the geographic expansion plans in the fast-growing Indian market, where our group has already a strong manufacturing, sales, and engineering presence for almost three decades,” says Martin Kunz, President & CEO Concentric AB. The innovator in flow control and fluid power, Concentric AB supplies proprietary systems and components to the world’s construction equipment, truck, agricultural machinery and industrial applications end-markets.