Honda Lock Manufacturing Company Limited, Japan
Our Company has entered into 13 technical collaboration agreements with Honda Lock. Pursuant to the agreements, Honda Lock has agreed to grant non-transferable, non-exclusive licenses to use its technical information and know-how for the purpose of manufacture or assembly of door mirrors, outside door handles and key sets for automobiles and motorcycles. According to the terms of the agreements, Honda Lock has also agreed to provide technical support and assistance to our Company. As consideration, our Company shall pay Honda Lock a license fee in the form of an initial fee and running royalty. All the agreements are valid for a period of six years and shall be renewed automatically for one year unless either party decides to withdraw from the agreement

 
 
JBM Group,India
A joint venture for operating and maintaining a commercial tool room at Indore for stamping dies, plastic, zinc & aluminium moulds, jigs and fixtures.

 
 
 
 
 
Jinyoung Electro-Mechanics Co. Limited, Korea

Our Company entered into a technical collaboration agreement with JEM Techno on February 22, 2013. Pursuant to the terms of the agreement, JEM has agreed to grant a non-transferable, non-exclusive license to use its technology for the purpose of manufacture or assembly of relays to be used in automobiles. JEM has also agreed to provide technical support and assistance to our Company. As consideration, our Company shall pay JEM Techno a license fee in the form of an initial fee and running royalty. The agreement is valid for an initial period of ten years and shall be renewed automatically for three years unless either party decides to withdraw from the agreement.

 

     

 
 
Lyssen Enterprises Co., Limited, Taiwan

Lyssen Enterprises founded in 1973 specializes in customized instrument cluster, case gauges and senders for automotive, agricultural machinery, generators, ATV, EV, marine and special purpose vehicles. Lyssen’s R&D team has excelled in developing a wide range of proprietary technologies and provides consultancy services in specialized areas of instrumentation industry. 

 
Han Sung I.M.P Co., Ltd., Korea

Sandhar and Han Sung have entered into the Han Sung JVA to set up a joint venture to manufacture and distribute, in India, press parts for application in relays, motors and tools, injection moulded parts for application in sensors, connectors, switches, vehicle relays, lamps and windshield wipers, switches and such other products as mutually agreed. Pursuant to the Han Sung JVA, our Company and Han Sung have established Sandhar Han Sung Technologies Private Limited  as a joint venture

 

 

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