LONDON (Thomson Financial) - TT electronics PLC said it has secured a
contract to supply speed sensors for the Nano, the new minicar unveiled in
January by Tata Motors Ltd, one of India's leading car manufacturers.
The financial details of the deal were not disclosed.
The company said the sensors will be manufactured by Padmini TT electronics
Private Ltd, the joint venture formed between TT electronics and Padmini VNA
Private Ltd, in Gurgaon, India.
TT Electronics said prototypes of the Tata Nano speed sensor have already
been supplied and Padmini TT is now preparing to increase output, in preparation
for high-volume vehicle production scheduled for September.
TFN.newsdesk@thomson.com
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