MoU16 Sept 2025, 05:41 pm
S.J.S. Enterprises Ltd Signs MoU with BOE Varitronix for Automotive Displays Manufacture in India
AI Summary
S.J.S. Enterprises Ltd (SJS) has entered into a Memorandum of Understanding (MoU) with BOE Varitronix Limited (BOEVX) to collaborate for the manufacture of Automotive Displays in India. The MoU includes technology transfer by BOEVX for setting up assembly and optical bonding of display screens, localization of cover glass and backlight units for the Four-wheeler automotive market in India. The arrangement may be formalized through a Technical Assistance Agreement (TAA) or a Joint Venture, subject to successful feasibility study and necessary approvals.
Key Highlights
- S.J.S. Enterprises Ltd (SJS) and BOE Varitronix Limited (BOEVX) sign MoU for Automotive Displays manufacture in India
- MoU includes technology transfer for assembly and optical bonding of display screens
- Localization of cover glass and backlight units for Four-wheeler automotive market in India
- Arrangement may be formalized through TAA or Joint Venture, subject to approvals
- MoU valid for six months, extendable by mutual agreement