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Wheels India inks pact with SHPAC

29 Sep 2025 Evaluate

Wheels India has signed a technical agreement with SHPAC, a leading hydraulics cylinder manufacturer in South Korea whereby there will be a technology transfer in manufacturing. The company has identified hydraulic cylinders as one of the strategic growth areas and this pact is expected to drive its growth further in this segment.

SHPAC is a leading manufacturer of hydraulic cylinders in South Korea with a successful track record over the last few decades in hydraulic cylinder business exporting their products worldwide.

Wheels India engages in the design, manufacture, and sale of automobile wheels in India.

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Company Name CMP
SamvardhanaMotherson 162.75
Tube Investments 2607.50
Bosch 47923.90
UNO Minda 1237.25
Bombay Burmah Trdg. 1481.30
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