Vontier's Gilbarco Veeder-Root Secures Back-to-Back Large India Tenders With India Oil Corporation
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Vontier Corporation's Gilbarco Veeder-Root has secured a second significant tender with Indian Oil Corporation, valued at $15 million, for Veeder-Root branded products.
November 12, 2024 | 12:15 pm
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Vontier Corporation's Gilbarco Veeder-Root has secured a $15 million tender with Indian Oil Corporation, marking its second major deal since September.
The $15 million tender with Indian Oil Corporation is a significant win for Vontier's Gilbarco Veeder-Root, indicating strong business growth and expansion in the Indian market. This is likely to positively impact Vontier's revenue and market presence, leading to a potential short-term increase in stock price.
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