Shivalik Bimetal Controls partners with Metalor Technologies for Indian JV

Shivalik Bimetal Controls Ltd. (SBCL), a leading global manufacturer in the bimetal/trimetal strips, shunt resistors, and electrical contacts industry, has announced a Memorandum of Understanding (MoU) with Metalor Technologies International SA (Metalor) to explore a joint venture (JV) in India. This strategic partnership aims to expand Shivalik’s manufacturing capabilities in electrical contacts by collaborating with a globally recognized leader.

Metalor Technologies: A Global Precious Metals Leader

Headquartered in Switzerland, Metalor Technologies International SA is a prominent member of the Tanaka group of Japan. As a global leader in precious metals, Metalor’s expertise and advanced technologies are set to significantly contribute to the joint venture.

Shivalik’s Established Manufacturing Base in India

Shivalik Bimetal Controls Ltd., through its wholly owned subsidiary Shivalik Engineered Products Private Ltd, has established a strong presence in the Indian market. Located in Solan, Himachal Pradesh, the subsidiary boasts modern joining methods and world-class tooling infrastructure, making it a key player in the electrical contact assemblies sector.

Shivalik Bimetal Controls and Metalor Technologies Explore Joint Venture for Electrical Contacts Manufacturing in India

Leadership Comments on the Joint Venture

CFO of SBCL, Rajeev Ranjan, expressed excitement about the venture. “This collaboration with Metalor marks the beginning of a world-class organization that caters to global customers both in India and internationally,” he stated.

Managing Director of Shivalik Engineered Products Pvt Ltd., Sumer Ghumman, also commented on the MoU. “Partnering with Metalor Technologies will enhance our manufacturing capabilities, particularly in the silver contacts segment, using the best available technologies,” he said.

Anticipated Impact and Growth

The proposed joint venture between Shivalik Bimetal Controls Ltd. and Metalor Technologies International SA is expected to significantly enhance electrical contacts production in India. The collaboration is seen as a major step towards strengthening Shivalik’s position in the global market and expanding its product portfolio, particularly in the silver contacts segment.

With this strategic move, Shivalik Bimetal Controls Ltd. reinforces its commitment to leveraging international partnerships and cutting-edge technology to meet the growing demands of the electrical components industry.