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Autoline Industries enters into MoU with Tae Sung

Autoline Industries has entered into Memorandum of Understanding (MoU) with TS ENG. CO., Korea (Tae Sung) on April 19, 2018 for getting technical assistance for low cost manufacturing of stamping die, prototype parts, pedal box, automotive camera etc. and to collaborate with Tae Sung for the development of products as well as markets local and overseas. Tae Sung Group is the Forefront Enterprise for Automotive, Die and Electronics Stamping Part Design, Manufacture & Supply in the World and First Grade Supplier to the various Original Equipment Manufacturers (OEMs).

Both the parties, after getting success in technical collaboration, may proceed to set up joint venture. The discussion is going on to finalize the technical assistance agreement.

Autoline Industries is engaged in the manufacturing of various auto parts/sheet metal components for passenger cars, sports utility vehicles (SUV), commercial vehicles, two-wheelers, three-wheelers, tractors, etc. The company is also exporting auto parts i.e. brake shoes for Mercedes Benz trailers to Saudi Arabia, Dubai, etc. 

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