Suprajit Engineering has signed memorandum of understanding (MoU) With Chuo Spring Company, Japan (Chuo). This collaboration includes a 50:50 joint venture (JV) in India to design, manufacture, and supply transmission cables, and a Technical Assistance (TA) agreement, which grants JV access to Chuo’s unique Japanese Transmission cable technology.
The JV and TA will first focus on delivering projects for India’s two leading Japanese PV OEMs. The collaboration brings together two globally recognised cable suppliers. It extends the reach of Chuo’s special Transmission cable technology to India and may further support Suprajit’s global OEM customers. The collaboration further expands SEL’s product range to key Japanese customers, and the transmission cable market, going forward.
Suprajit Engineering is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment.
