Sandhar Technologies forms JV with Winnercom

Sandhar Technologies forms JV with Winnercom

24.06.2019

  • Home
  • >
  • Media
  • >
  • News
  • >
  • Sandhar Technologies forms JV with Winnercom

Indian auto component supplier Sandhar Technologies has entered into a joint venture with South Korean firm Winnercom to manufacture and sell electronic parts and accesories for the automotive industry in India.

The 50:50 JV will include production of shark fin antenna and micro pole antenna and other products for the four-wheeler segment.

As per the company release, the signing of JV marks Sandhar’ s entry into the connected car devices market which is estimated to be worth 57.15 billion USD by 2021 driven largely by government regulations for safety and increasing electrification of vehicles and currently dominated by the world’s major auto component players.

This JV will help the Indian Auto majors in sourcing International quality products at a cheaper price, the company said in the statement.

To follow the story click here..
https://auto.economictimes.indiatimes.com/news/auto-components/sandhar-technologies-forms-jv-with-winnercom/69853001

Related Articles
Collaboration Is The Way Forward For Any Automotive Component Player
Source: Auto Tech Review 13.08.2019
Collaboration Is The Way Forward For Any Automotiv...

Over the years, Sandhar Technologies has been consistently focussing on passive safety and is now keen to foray into the active safety space.

Source: Auto Components India 30.07.2019
Sandhar enters JV with Hanshin Corporation

Sandhar Technologies Ltd., a diversified auto component manufacturing company, with multiple technology platforms and product lines

Source: Economic Times 29.07.2019
Sandhar Technologies forays into connected car dev...

Home-grown auto component manufacturer, Sandhar Technologies signed a joint venture agreement with Hanshin Corporation (Republic of Korea) to manufacture and sell futuristic high-end data cables for the automotive industry in India.