Sterling Tools Partners with China's Nanjing Haohang to Develop ARAS for India's Two-Wheeler Industry

Sterling Tools Limited (BSE: 530759 | NSE: STERTOOLS), a leading automotive components and technology provider, has entered into a Technology Collaboration Agreement (TCA) and Supply Agreement (SA) with Nanjing Haohang, a China-based developer of Advanced Rider Assistance Systems (ARAS). Developed specifically for two-wheelers, ARAS function similarly to Advanced Driver Assistance Systems (ADAS) in cars, leveraging sensors, software and control systems to provide real-time alerts and assist riders in avoiding potential hazards.

Under the agreement, Sterling Tools will lead the local development, system adaptation, manufacturing and sales of ARAS for the Indian market. The collaboration will leverage Haohang's proven technology platform alongside Sterling Tools' deep understanding of the Indian automotive market, enabling automakers to deploy production-ready safety systems at scale.

Commenting on the announcement Anish Agarwal, Director, Sterling Tools, says, "We are moving toward an era of intelligent mobility. This partnership with Haohang, tailored for the Indian market, equip two wheeler OEMs with advanced rider assistance technologies that address a critical safety gap. Two-wheeler accidents account for a significant share of road fatalities in India, and our collaboration aims to foster a safer environment for the 2W industry and its manufacturers."

India represents one of the most important markets for advanced rider assistance technology, given the scale and safety challenges of its two-wheeler segment. Our collaboration with Sterling Tools allows us to localise our solutions for Indian road conditions and bring validated, life-saving technology to automakers and riders across the country, says, LI Zhipan, General Manager, Nanjing Haohang."

Sterling Tools continues to strengthen its position as a technology-led automotive partner through sustained investments in advanced engineering and manufacturing capabilities. The company is expanding its portfolio across next-generation automotive technologies, including EV power electronics, high-voltage DC contactors and relays, rareearth-magnet-free motor solutions and ADAS solutions which is aligned with electrification, intelligent mobility, and safety- driven regulatory adoption.

As a part of this strategic focus on safety and intelligent mobility, Sterling Tools and Nanjing Haohang have rigorously tested and validated critical ARAS features such as Front Collision Warning, Rear Collision Warning, Blind Spot Detection, Lane Change Warning, Wrong-Side Alert on Indian roads with many more features in the pipeline for the future.

Shares of Sterling Tools Limited was last trading in BSE at Rs. 256.40 as compared to the previous close of Rs. 245.80. The total number of shares traded during the day was 4390 in over 170 trades.

The stock hit an intraday high of Rs. 269.80 and intraday low of 243.40. The net turnover during the day was Rs. 1115599.00.

Source : Equity Bulls

Keywords

SterlingTools INE334A01023 Partnership NanjingHaohang ARAS