Endurance Technologies has entered into a License and Technical Assistance Agreement with BWI North America Inc, USA, for joint development of ABS products for application in two and three wheelers. This would help Endurance to cater to its OEM customers to comply with the new regulations that would require all existing two-wheeler models to be fitted with ABS by April 2019.
Endurance Technologies is the largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of aggregate revenue for FY2015 from its selected product segments. It also has operations in Europe with highly-automated manufacturing facilities in Italy and Germany. Tier one companies are companies that directly supply to OEMs, and it is a tier one supplier to OEMs for most of its products.