Diversified auto component manufacturer Sandhar Technologies Ltd., a company with multiple technology platforms and product lines, has signed a joint venture agreement with Kwangsung Corporation Ltd. of South Korea in the presence of Mr. Hai Kwang Lee, the Minister of the Embassy of the Republic of Korea in India.
Mr. Hai Kwang Lee, Minister of the Embassy of the Republic of Korea in India,
and Mr. Phil ho Sung, Founder & Chairman, Kwangsung Corporation, after
signing the JV agreement in New Delhi
The joint venture is being established for manufacturing and selling, inter-alia, interior and exterior parts, plastic moulded parts and accessories for the passenger and utility vehicles segment in a phased manner.
The JV will introduce light-to-ultra-light, illuminated sliding Sun Visors to provide customers, superior performance and high-quality interior solutions, design, develop and manufacture Cargo Screens used in SUVs and MUVs and also offer customized black-out tapes and anti-chipping tape solutions for automobile exterior protection and aesthetics.