Fiem Industries has signed a memorandum of understanding (MoU) with China-based Hubei Tri-ring Auto-electrical Appliance Co., a Tri-ring Group Company.
Tri-ring Group is one of the renowned OEM suppliers in China and engaged in manufacturing of large range of auto-components. Tri-ring Group is already supplying its products to Indian OEMs like Tata Motors, Ashok Leyland, Mahindra, Eicher, AMW, Nissan etc.
In terms of MoU, Fiem Industries and Hubei Tri-ring Auto-electrical Appliance Co will jointly work to tap the passenger car and commercial vehicles segment in India.
Fiem Industries is one of the leading manufacturers of automotive lighting & signaling equipments and rear view mirrors. The company is supplying its products to almost all major OEMs in the domestic market as well as few global OEMs.