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Fiem Industries signs Technical Assistance Agreement Japanese firms

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Capital Market

For manufacture of Bank Angle Sensor for motorcycles for Indian market

Fiem Industries has signed a "Technical Assistance Agreement" with TOYODENSO Co., 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.

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First Published: Jul 04 2018 | 5:23 PM IST

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