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Sparc Electrex enters into trademark license agreement with Hyundai Corporation Holdings

27 Jun 2023 Evaluate

Sparc Electrex has signed and thereby entered into an exclusive trademark license agreement with Hyundai Corporation Holdings Co, Korea for developing, producing, sourcing, selling, marketing and distributing the Power Tools and other related auxiliary activities in India under the brand. Indian Power Tools market is dominated by international brands and this agreement will help the company to face competitors aggressively. This agreement is expected to help the company in achieving higher sales and better margin in the future. 

Sparc Electrex uses its expertise in networking, communications, embedded systems and sensor technologies to deliver perfect fit solutions to the client's problems.

Peers
Company Name CMP
Waaree Energies 2272.00
Apar Industries 15172.30
Havells India 1005.15
Suzlon Energy 36.95
Siemens 3334.00
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