To develop BS-VI exhaust aftertreatment systems for CVs
Eberspaecher Exhaust Technology International and Sharda Motor Industries Ltd. have signed an agreement for a 50:50 joint venture. In order to comply with the highest emission standard Bharat Stage VI, the new joint venture will develop, produce and sell exhaust aftertreatment systems for Indian commercial vehicle manufacturers. The products will be utilized in trucks and buses from 2020 onwards.
Sharda Motor, the leading exhaust aftertreatment system manufacturer in India, and Eberspaecher, the global technology leader in emission control technologies for commercial vehicles that meet the highest emission standards, will each own 50 per cent of the new joint venture Eberspaecher Sharda Exhaust Technology Pvt. Ltd.
Both parties see the joint venture as the future of environment-friendly mobility. “Our customers will benefit from this partnership because they will gain local market expertise coupled with our global technology and production know-how – for significantly reduced emissions from long-distance and distribution traffic in India,” emphasizes Dr. Thomas Waldhier, COO, Eberspaecher Exhaust Technology.
Mr. Ajay Relan, Managing Director, Sharda Motor, adds: “This partnership is an important step for our company in implementing high-tech products for a clean mobility. With our existing client and supplier base we bring local expertise into the joint venture company.”
New technology plants
In future, the exhaust aftertreatment technology meeting the new emission standard Bharat Stage VI will be manufactured at several locations. This represents a major technological leap from the previous Bharat Stage IV standard and requires far more complex emission control solutions. The standard will come into force in mid-2020 and will be in line with the Euro 6 standard in Europe. For the initial start of production two new technology plants will be launched, one in Pune city and the other in northern India. The first exhaust systems will be manufactured in the second half of 2019.
For Eberspaecher, the co-operation is another important milestone of the consistent implementation of its growth strategy. The aim is to continue to build a leading position in the Asian commercial vehicle exhaust technology markets. In August 2018, the Esslingen-based supplier set up another joint venture company in China in order to meet the growing demand for effective emission control systems and ensure environment-friendly mobility. In the future, the company will offer emission reduction systems for commercial vehicles, which will meet the China 6 standard from 2020 onwards.