Sandhar Technologies has signed a Joint Venture agreement with Hanshin Corporation (Republic of Korea).
The joint venture is being established for manufacturing and selling, futuristic high end data cables for the automotive industry in India which would include Radio Cable, AV/NAVI Cable, GPS/DMB Cable, USB Cable, AVM Cable and others for the four-wheeler segment.
The JV company will have its production unit in Bengaluru and is expected to commence commercial production and supplies by 4th quarter of FY 19-20.
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