RSB Transmissions (I) Ltd has signed a Technical Assistance Agreement with Jidosha Buhin Kogyo (JBK), Japan, to manufacture and sell latest state-of-art Propeller Shaft for SCV/SUV/LCV segment in domestic and export market.
SK Behera, Vice Chairman & MD, inked the technical assistance agreement for RSB with JBK, Japan, represented by Masatoshi Ito, President, in a special ceremony held on the occasion.
M Sankaranarayan, President, RSB Transmissions and SS Udgata, Director, I-Design, who will be taking jointly the leads in transfer of technology, were also present at the sign-off ceremony on behalf of RSB.
Behera, after signing the agreement, said that "This technical assistance venture will further boost market growth of propeller shafts for RSB in the SCV/SUV/LCV segment pan India and overseas with use of latest state-of-art-technology from JBK. RSB brand of propeller shafts already have a major domestic market share and this collaboration will give a technological edge to make inroads into markets, hitherto untapped."
Expressing pleasure on the technical co-operation, Ito said that JBK is delighted to work with RSB, a leading auto-comp manufacturer in India, are already well known for their in-house brand of propeller shafts, with a global presence in North America, Europe and Brazil, and such a tie-up will mutually boost the share of propeller shaft globally besides pan India, for which RSB is already a major player in domestic sector.