Sterling Tools’ 100% subsidiary -- Sterling Gtake E-mobility (SGEM) has forayed into E-LCV segment. With this development, SGEM continues to grow its presence across various E-mobility segments. Starting with supplies to a single Electric 2W customer a year back, the company now has confirmed orders from more than 10 customers.
Earlier this month the Company was awarded business by India’s leading Commercial Vehicle OEM for its E-LCV (Electric Light Commercial Vehicle) program. The supplies for this program are expected to commence during the last quarter of the current financial year.
Sterling Tools is engaged in manufacturing and marketing of high tensile cold forged fasteners.
