Uno Minda (formerly known as Minda Industries Limited), a Tier-1 supplier of proprietary automotive solutions and systems to original equipment manufacturers, has entered into a technical license agreement with Asentec of Korea, a leading global supplier of automotive sensors and actuators.
This collaboration aims to design, develop, manufacture and market wheel-speed sensors in India as Asentec, a subsidiary of Sejong Industrial, specialises in mobility parts centered on sensors and actuators with manufacturing facilities in Korea, Vietnam, and China.
Notably, Asentec is a leading supplier to OEMs in Korea and the international market. Uno Minda had set up a separate division for automotive sensors a few years back considering the rising demand of the evolving technology in sensor space.
“Sensor division has come a long way since its inception with the manufacturing of engine and exhaust sensors, transmission & suspension sensors and active safety and comfort sensors among others,” informed the company via a press release.
It further read, “The current partnership with Asentec will further strengthen its advanced sensors product portfolio.”
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