India's leading automotive component maker ADVIK Hi-Tech has announced to join ranks with Spanish firm Entecnia in a new exclusive technology licensing agreement, for electric vacuum pumps used in passenger car braking systems.
The pact is a strategic fit as it will help ADVIK reinvent itself from a current manufacturer of mechanical vacuum pumps to now offering the latest technology in electric vacuum pumps for global passenger car original equipment manufacturers (OEMs).
The Pune-headquartered Advik group caters to segments such as passenger car, commercial vehicles, and stationary engines, with its braking systems, pumps, and emission control products.
The company's customer base includes leading automotive original equipment manufacturers in India, Europe, the UK, the US, and the ASEAN regions. Advik has received a Production-Linked Incentive for the automotive component under the Central government's Rs 26,058 crore PLI scheme for the auto, auto component and drone industry to enhance manufacturing in the country.
In 2021, ADVIK acquired the manufacturing facility of Hanon Systems in Bangalore, which specializes in mechanical vacuum pumps. With this latest technical collaboration, ADVIK aims to be ahead of the technology curve for vacuum pumps.
“This partnership is a strategic step in growing our customer base and product portfolio,” said Aditya Bhartia, Managing Director, ADVIK Group of Companies. Entecnia, which comes in with decades of experience in braking systems for passenger cars, specialises in product engineering services.
“We are looking forward to a long and fruitful association with ADVIK to deliver technology products not just for India, but globally,” said Javier Sanz, Managing Director at Entecnia.