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Indian auto-electrical component manufacturer seeks JV or technical collaboration partner
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|Validity period of pending order||181|
|Project highlights||electrical switches - growth market - USD 4.5 M sales|
The company supplying electro-mechanical and auto-electrical switches was established in 1964 and is among a few players in the industry that provide end-to-end solutions from design & development, molds to delivering the switches to its clients. The company’s products are mainly sold to the tractor OEMs who are witnessing strong growth in sales even in the Covid era. The tractor sales for December 2020 were around 62,000 units compared to 43,000 units in December 2019 in India. The existing annual revenue of the firm is 4.5 million USD.
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