The agreement shall be valid for a period of 5 years from the date of signing.
Pricol will develop the hardware and firmware as required by the customer.
Sibros will develop the software and provide its Saas platform for connected vehicle solutions with OTA updates as required by the customer for the technology.
Pricol and Sibros shall in consultation jointly decide the customer requirements and specifications to deploy end-to-end solutions.
Pricol manufactures over 2,000 products such as instrument clusters/telematics, fuel pump modules, oil and water pumps, fuel level sensors, temperature and pressure sensors, wiping systems, among others at its plants located in Gurugram (Haryana), Phulgaon (Pune), Pantnagar (Uttarakhand) and Sricity (Andhra Pradesh). It has three subsidiaries, one each in India (wiping systems), Indonesia (instrument clusters and pumps) and Singapore (procurement arm of Pricol for overseas supplies).
The companys consolidated net profit declined 19.04% to Rs 17.35 crore on a 11.62% fall in sales to Rs 394.74 crore in Q3 FY22 over Q3 FY21.
Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.