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Fiem inks Technical agreement with BATZ for GM's small car Pedal Box
New Delhi, Apr 22 (UNI) Fiem Industries Ltd today said it has entered into a ''License and Technical Assistance Agreement'' with Spain-based BATZ S Coop for manufacturing of complete Pedal Box Assembly.
This Pedal Box Assembly will be supplied to ''General Motors India Ltd'' for its ''Global Small Vehicle'' (GSV) Project, said a statement.
This is a new product line for the company and will add new dimensions in the business diversification policy, the statement added.
The Management perceive it as a big leap for mega entry into the Four Wheeler Segment.
Fiem
is
one
of
the
leading
manufacturers
of
automotive
lighting&signaling
equipments
and
rear
view
mirrors.
Its
major
business
comes
from
the
two-wheeler
segment
of
the
vehicle
industry
UNI
PBB
AK
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