Sandhar Technologies (STL) has signed a Joint Venture (JV) Agreement with Winnercom Company, Republic of Korea. The joint venture is being established for manufacturing and selling, electronic parts and accessories for the automotive industries in India which would include Shark fin antenna and micro pole antenna etc. and catering to the four-wheeler segment.
The company will hold 50% of total equity share capital of the proposed Joint Venture Company. Winnercom Company, Republic of Korea will hold 50% of total equity share capital of the proposed Joint Venture Company.
Sandhar Technologies is an OEM component supplier with manufacturing plants in India, Spain, Poland and Mexico.