Pricol has signed an agreement with China-based Wenzhou Huirun Electrical Machinery for technical collaboration, supply and production of fuel pumps and its modules in India. According to the agreement, Wenzhou Huirun will support Pricol with product and process technologies for new businesses in segments such as two, three and four-wheeler, along with commercial and off-road vehicle. The company is also planning to invest Rs. 200 million over a period of 3 years.
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