Anand Group company Gabriel India has signed a technology licence agreement with the Netherlands-based Koni BV for suspension products for commercial vehicles, buses and industrial equipment.
As per the agreement, Koni will provide technology that will allow Gabriel to manufacture damper products for original equipment as well as aftermarkets in India as well as Bangladesh, Sri Lanka, Nepal and Bhutan, a filing to the BSE said.
The association is for the design, development and manufacture of high-end shock absorbers for the three product segments mentioned above.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.