Auto components maker Fiem Industries today said it has entered into an agreement with Japan-based Ichikoh Industries Ltd for manufacturing of automotive lightings and rear view mirrors.     

As per the MoU, Ichikoh would have equity participation in Fiem and extend technical assistance for development and manufacturing of automotive lightings and rear view mirrors for various car manufacturers in India, Fiem Industries said in a filing to the Bombay Stock Exchange.   

"The management perceives this step as a big leap for further strengthening its position in the four-wheeler segment," the filing added.    

Ichikoh Industries is one of the world renowned manufacturers in the field of automotive lighting and rear view mirrors.  

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