Eberspaecher and Sharda have inked an agreement for a 50:50 joint venture to develop, produce and sell exhaust aftertreatment systems for Indian commercial vehicle manufacturers.
The products will be used in trucks and buses from 2020 onwards.
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Sharda Motor and Eberspaecher will each own 50% of the new joint venture, Eberspaecher Sharda Exhaust Technology.
“Our customers will benefit from this partnership because they will gain local market expertise coupled with our global technology and production know-how – for significantly reduced emissions from long-distance and distribution traffic in India,” said Eberspaecher Exhaust Technology COO, Thomas Waldhier.
In future, exhaust aftertreatment technology meeting the new emission standard Bharat Stage VI will be manufactured at several locations. This represents a leap from the previous Bharat Stage IV standard and requires more complex emission control solutions.
The standard will enter into force in mid-2020 and will be in line with the Euro 6 standard in Europe. For the initial start of production two new technology plants will be launched, one in the City of Pune and the other in Northern India. The first exhaust systems will be manufactured in the second half of 2019.
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By GlobalDataIn August 2018, the Esslingen-based supplier set up another joint venture company in China in order to meet the growing demand for effective emission control systems.
In the future, the company will offer emission reduction systems for commercial vehicles, which will meet China 6 standard from 2020 onwards.
