Sandhar Technologies Signs JV With Daewha Fuel Pump

Sandhar Technologies Signs JV With Daewha Fuel Pump


  • Home
  • >
  • Media
  • >
  • News
  • >
  • Sandhar Technologies Signs JV With Daewha Fuel Pump

Sandhar Technologies has partnered with Daewha Fuel Pump, for a 50:50 joint venture, to supply fuel pumps, filters, wiper blades to Indian automotive OEM’s. The new company will be based in Gurgaon, Haryana.

In lieu of the JV, Daewha will provide the technology, know-how transfer as well as parts sourcing from Korea, and Sandhar will be responsible for the manufacturing, local operations and legal and statutory matters of the new corporation.

Speaking on the occasion, Jayant Davar, Co-chairman and Managing Director, Sandhar Technologies, said, “With this Joint venture we have taken one more step towards realising our objective of becoming a more diverse supplier to the Indian automotive OEM’s.”

Related Articles
Source: Auto Tech Review 11.05.2020
Auto Industry Will Go Down by More Than 30 %: Sand...

The outbreak of COVID-19 has wreaked havoc on the automotive industry – OEMs and component suppliers have been bearing the brunt of this pandemic-induced country-wide lockdown that has brought production activities of automotive players to a standstill.

Source: Auto Carpro 19.02.2020
Sandhar-Whetron inaugurates new parking sensor lin...

Sandhar-Whetron inaugurated its first facility for the assembly and testing of rear parking assistance system (RPAS), which was made mandatory under the AIS-145 regulations for all new passenger vehicle models in India.

Source: Economic Times 31.01.2020
CEO’s take on 2020: Looking forward to technology ...

Heading into the new year, ETAuto reads the mind of top CEO's to showcase their strategic path in 2020