Belrise Industries has entered into a License and Technical Assistance Agreement with Japan-based Yamato Co., to design, develop, test, and manufacture automotive and industrial components in India.
Under the agreement disclosed on Monday, Yamato will provide technical know-how and licensing support to Belrise for producing air filters, oil filters, and resin air intake manifolds targeted at Indian automotive and industrial OEMs.
The partnership grants Belrise exclusive rights to manufacture and market the licensed filtration and intake products across India. In consideration for the technical assistance and manufacturing know-how, Belrise will pay Yamato a technical assistance fee and ongoing royalties as stipulated in the contract. The technology transfer also covers proprietary processes for converting traditional metal intake manifolds to lightweight resin materials.
Belrise Industries manufactures safety-critical systems and engineering solutions for two-wheelers and three-wheelers, while Yamato Co. specializes in automotive filtration products and technical support.