Corporate Announcement
Security Code : 532768    Company : FIEMIND    
 
Intimation On Technical Assistance AgreementDownload PDF Download XBRL
  Exchange Received Time  04/07/2018 17:15:34         Exchange Disseminated Time   04/07/2018 17:15:41              Time Taken   00:00:07
With pleasure we wish to inform that we have signed a 'Technical Assistance Agreement' with TOYODENSO Co., Ltd., Japan and Toyota Tsusho Corporation, Japan for manufacturing of Bank Angle Sensor for motorcycles for Indian market.

Bank Angle Sensor is a safety sensor, which is being increasingly applied by OEMs in motorcycles and will have an increasing market in India. Bank Angle Sensor has the functionality of stopping the fuel supply to engine of motorcycle at the time of accident to reduce the impact of accident.

TOYODENSO, established in 1947 in Japan is among major players in switches and sensors etc. and has presence through its subsidiaries and affiliates in US, Europe, China, Thailand, Indonesia, Vietnam, Taiwan etc. and their major customers are Honda, Toyota, Isuzu, Daihatsu, Kawasaki, Yamaha, Suzuki, Volkswagon and so on.

Toyota Tsusho Corporation is a Group Company of Toyota Group, Japan having presence in diverse range of businesses around the world.
 

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