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Market Leads & Opportunities

Licensing of Technology for Automotive Electro-Mechanical Locks

Type of document: Contract Notice
Country: United Kingdom

1. Title: LICENSING OF TECHNOLOGY FOR AUTOMOTIVE ELECTRO-MECHANICAL LOCKS
2. Awarding Authority: Secretary of State for Business, Innovation & Skills acting on behalf of UK Trade & Investment (UKTI), GB. Web:
3. Contract type: Supply contract
4. Description: Opportunity type
Private Sector
Industry
Automotive
A technology licensing arrangement is required with a UK-based manufacturer of automotive electro mechanical locks
An Indian Tier 1 manufacturer of mechanical locks is looking for technology licensing arrangement with a UK-based manufacturer of electro mechanical locks
The Indian partner has 8 manufacturing facilities spread across India and is a major supplier to Indian 2-wheeler manufacturers. A few years later the company would like to target the passenger car market
The Indian automotive market has grown exponentially in the last 2 years; the current size is
2 wheelers (bikes and scooters): 17.97 million units
passenger cars: 4.21 million units
commercial vehicles: 1 million units
3 wheelers: 0.5 million units.
5. CPV Code(s): 31700000, 31720000, 34000000
6. NUTS code(s): UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, UKK, UKL, UKM, UKN
7. Main site or location of works, main place of delivery or main place of performance: India
8. Reference attributed by awarding authority: Not provided.
9. Estimated value of requirement: Value of contract : more than £50m
10. Opportunity closing date 30.6.2024.
11. Address to which they must be sent: For further information regarding the above contract notice please visit:
12. Other information: TKR-2024416-EX-1728128