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Omnitech Engineering bags Rs 920 crore contract

The contract has a tenure of 5 years

Omnitech Engineering has secured a contract through Master Purchase Agreement from Weatherford Products GmbH. The contract has a tenure of 5 years. The company will receive a consideration of around $20.10 million (Rs 184 crore) plus GST per year. The total value of contract is around Rs 920 crore plus GST. 

Omnitech Engineering is a manufacturer of turned and machined parts, focusing on precision engineering for various industries.