Promark has entered into a number of strategic alliances / collaborations with the leading manufactures of transport, road Safety &pollution measurement Devices in India and abroad. The details are as follows:
Multi Speed Gears Pvt. Ltd. India
Multi Speed Gears Pvt. (MSGPL) is a leading company engaged in the marketing and supply of various products for use in the vehicle safety specified by the Automotive Research Association of India (aria), a research organization formed by the Indian automotive industry. Arai has been providing various services to the India automotive industry in the areas of design and development and know - -how for manufacture and testing of components / /system to nation / international standers. MSGPL has got over 150 approvals for the supply and marketing of various speed governors to be installed for almost all heavy, light and medium commercial vehicles in the country.
the company has entered into a collaboration: with MSGPL. The collaboration involves design, manufacture, trial and testing and support of Electronic Control Units for Fuel Based speed Limiter for India Markets. The company has helped MSGPL with product design innovation in obtaining type approvals for ouer 150 different vechicle models. The market potential for these approvals is about 1 million vehicles within the current financial year with a business potential about rs 2400 millins.
Altenergy India Ltd
Altenergy India Ltd. (Altenergy) is one of the leading player in the field of manufacture and supply of Compressed Natural gas (CNG) kit for replacement of petrol / diesel operated vehicles. The company has developed Electronic control Unit (ECU) for Accelerator based speed limiters for India market for Altenergy. The ECU has been tested and approved by international Center for Automotive Testing (ICAT) of government of India. The Market potential for the product is about 0.3 million vehicles in the current financial year with business potential; of Rs. 900 Million
Load Management System, UK
the company has entered into a strategic alliance with lode Management system, UK for outsourcing technical know – how for development of online polluting gases measurementsystem for the monitiorimg of co2 emissions system is huge considering totle vehicle population of over 7 millio existing commercial vehicles in the country with ouver 10% annual groth.