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Sterling Tools Limited partnered with China-based Nanjing Haohang to develop and manufacture Advanced Rider Assistance Systems (ARAS) for India's two-wheeler industry. The collaboration involves technology transfer and supply agreements to localize engineering and sales. This strategic alliance aims to address safety gaps in the Indian automotive market through intelligent mobility solutions.
Sterling Tools Limited signed a Technical Collaboration and Supply Agreement with Nanjing Haohang Technology Co., Ltd., China. The partnership aims to localize engineering and manufacturing of advanced rider assistance systems (ARAS) for the Indian two-wheeler market. Nanjing Haohang reports an annual turnover of approximately ₹376 Crore.
Sterling Tools Limited entered into a technical collaboration and supply agreement with Nanjing Haohang Technology Co., Ltd., China. The partnership aims to localize advanced rider assistance systems (ARAS) for the Indian two-wheeler market. Nanjing Haohang reports a turnover of approximately ₹376.0 Crore (USD 40 Million).