New Delhi: The auto component maker Anand Group on Friday announced a technical collaboration with Mazarao Belgium for enhancing the efficiency of transmission technology suited for reducing emissions.
The company claims that the technology has the potential to reduce consumption of energy in ICE and EVs by up to 18 per cent. The Group estimates a potential revenue forecast of around Rs 350 Crore by 2025, as per the release.
This partnership will offer solutions that provide almost zero slip and negligible wear, customized to vehicle platforms in India that have frequent gear changes and require high start-up torque.
Commenting on the collaboration, Anjali Singh, Executive Chairperson of Anand Group, said “Anand Group is sensitive to the current environmental challenges and is committed towards making the world a greener place to live. It is also our continuous endeavour to partner with the best in the world and brings in pioneering technology to cater to the Indian OEMs.”
She further added, “The collaboration with Mazaro is in line with the key ethos of ANAND Group vision, to create value sustainably through the pursuit of excellence. I am confident that this association will successfully evolve to create efficient transmission systems for the Indian automotive industry”
“I believe that the combination of ANAND’s capabilities with Mazaro’s innovative technology is the right way to provide revolutionary solutions to Indian Transportation sector to meet requirements of a wide variety of potential applications, both in Electric and ICE Vehicles,”said Filip de Maziere – Promoter Director at Mazaro, Belgium.
