FIEM Industries Signs Technical Assistance Agreement With Japanese Firms
FIEM Industries Limited informs that they have signed a "Technical Assistance Agreement" with TOYODENSO Co., Limited, Japan and Toyota Tsusho Corporation, Japan for manufacturing of Bank Angle Sensor for motorcycles for the 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 the engine of the motorcycle at the time of the accident to reduce the impact of an accident.
TOYODENSO, established in 1947 in Japan is among major players in switches and sensors etc. and has presence through its subsidiaries and the 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 a presence in a diverse range of businesses around the world.