You are here: Home » News-CM » Companies » News
Business Standard

Fiem Industries signs MoU with two Japanese companies

Capital Market 

For setting up JV to manufacture fuel pump module and IC connector assembly

has signed a MoU with Aisan Industry Co., Japan and Toyota Tsusho Corporation, Japan for establishing a joint venture company in India to manufacture Fuel Pump Module and IC connector Assembly for two-wheelers and three-wheelers.

Fuel Pump Module will become mandatory for two-wheelers and three-wheelers w.e.f. April, 2020 under Bharat Stage VI (BS VI) regime. This is an advanced Emission Control System Product, which will have huge market in India under BS VI norms.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 04 2017. 10:39 IST