Kostal Group of Germany has signed an MOU with Indian Company

Jan. 27, 2008 - PRLog -- The KOSTAL GROUP which is providing employment to approximately 11,000 people and generated a consolidated turnover of 1.3 Billion Euro with its operations in 26 locations, situated in 14 countries on 4 continents is collaborated with Indian Company NTTF Industries Ltd. to bring unique features in automotive electrical devices.
These features are in the form of Column mounted switches, Power window switches, Steering position sensors instrument, Panel Mounted switches, Pinch Protection Devices, Power Window Regulator etc. which will increase the driving pleasures immensely.
Generally, if any one keeps their hand while closing the car window, the glass will crush the hand. But, with the self sensor devises like Pinch Protection Device and Power Window Regulator etc. the glass will stop to avoid the glass pinch. The Kostal Company is also bringing integrated multiple applications in the steering with Column mounted switches, Steering position sensors instrument, Panel Mounted switches which will enable to control the Up-Down of seats and main lights operations of the car.    
Kostal Group of Germany bringing their technologically advanced electronic & electromechanical (mechatronic) products in Asia for the first time.
NTTFIL (Nettur Technical Training Foundation)  is known for high quality Tooling, Dies, Jigs Fixtures, Moulds, Stamped and Moulded components, and Industrial components, as well as Electrical Switches and Controls for automotive OEM's. NTTF also has a joint venture company with Aisin Seiki Ltd of Japan, for supply of Door Latch, Window Regulator, Hinge assembly, Doorframe, etc. to Toyota's(TKML) Indian Operations. NTTF is a leader in the field of Technical Education, Vocational Training, Company-wide Skill Improvement Training, and Personality Development Programmes. Corporate houses like, TATA's, NOKIA, OEN, KELTRON, MARUTI, TKML(Toyota) and others have partnered with NTTF for their training needs.
The Automotive Industry in India is showing sustaining growth over the last few years and combined with the success of well established Automotive manufactures, newly located OEM transplants and the TATA’s innovative 1 Lakh car has added more to this, further market potential is expected as the overall ekonomy continues to grow strongly.
KOSTAL GROUP and NTTF are agreed upon a Memorandum of Understanding with the intention to have an operational Joint Venture to supply the rapidly growing Indian automotive market by the middle of this year 2008.
Speaking to reporter at the press conference held in the capital the MDs of the both the Kostal Group and NTTF express their pleasure. Mr. Ludger Laufenberg- MD Kostal Group said that they have already supplied 10 million units of Pinch Protection Devices, Power Window Regulator in the world market so far. It will be a great pleasure of us to work with company like NTTF, which is supplying high quality products to the customers in India and abroad.
The intention of the new Joint venture between KOSTAL GROUP and NTTFIL is that, through the synergy of local capabilities & skills and the international competences of KOSTAL GROUP, the joint venture can fully support the increasing demands of the car manufactures and their customers with world class products.
For more information please contact Mr. Mukul - 9811378905
 

H.S.Communication.