India - Licensing of technology for automotive electro-mechanical locks
This is a business opportunity from an overseas buyer. Pitch for the business and explain how your company meets their requirements.
Details
- Opportunity closing date
- 30 June 2024
- Opportunity publication date
- 16 April 2024
- Opportunity type
-
Private Sector
- Industry
- Automotive
- Enquiries received
- 0
- Value of contract
- more than £50m
- Your guide to exporting
Description
An Indian Tier 1 manufacturer of mechanical locks is looking for technology licensing arrangement with a UK-based manufacturer of electro mechanical locks.
The Indian partner has 8 manufacturing facilities spread across India and is a major supplier to Indian 2-wheeler manufacturers. A few years later the company would like to target the passenger car market.
The Indian automotive market has grown exponentially in the last 2 years; the current size is:
- 2 wheelers (bikes and scooters): 17.97 million units
- passenger cars: 4.21 million units
- commercial vehicles: 1 million units
- 3 wheelers: 0.5 million units
- Opportunity closing date
- 30 June 2024
- Value of contract
- more than £50m
- The buyer is happy to talk to
- manufacturers
Express your interest
Express your interest to the Department for Business and Trade team in India.
All submissions will be reviewed and you will be notified of any potential next steps. You can only express your interest if you are a UK registered company.
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