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
The deadline to apply for this opportunity has passed.
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