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| Exchange Received Time 04/12/2017 10:38:37 Exchange Disseminated Time 04/12/2017 10:38:42 Time Taken 00:00:05 | With immense pleasure we wish to inform that we have signed a 'Memorandum of Understanding' (MoU) with Aisan Industry Co., Ltd., Japan and Toyota Tsusho Corporation, Japan for establishing a joint venture company in India to manufacture Fuel Pump Module and IC connector Assembly for two-wheelers and three-wheelers.
Fuel Pump Module will become mandatory for two-wheelers and three-wheelers w.e.f. April, 2020 under Bharat Stage VI (BS VI) regime. This is an advanced Emission Control System Product, which will have huge market in India under BS VI norms. |
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