It’s been nice knowing you,” said once-close partners, in the two-wheeler space, before heading their own ways. Players such as Hero Honda, TVS Suzuki and Bajaj-Kawasaki that formed joint ventures in the 1980s have split. For auto ancillary player India Nippon Electricals (INEL), however, the bond is still tight. The company, in fact, is all set to cash in as domestic OEMs shift to electronic ignition systems to meet BS-VI emission norms effective from April 2020.
Feature
Revving up for the future
India Nippon Electricals stands to gain as domestic OEMs shift to electronic ignition systems in order to meet BS-VI norms
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