Pricol Limited (BSE: 540293 / NSE: PRICOLLTD) has announced a new exclusive licensing agreement with Kerdea Technologies for Oxygen (O2) Sensor. With Kerdea's patented technology in oxygen sensor and Pricol's manufacturing capabilities, this product will be made ready to cater to combustion engine applications in the two wheeler and three wheeler vehicle segments in India.
With this strategic partnership, Pricol's intention is to expand its sensors portfolio in India and be ready for the upcoming Bharat Standard (BS)-VI Emission Regulations which the Indian government has planned to implement by April 1, 2020.
The oxygen or O2 sensor, is designed to constantly monitor the oxygen content in the exhaust gases from the engine. O2 sensors help to maintain the right Air-Fuel mixture so that the engine run efficiently with emissions well within the regulatory norms. Pricol recognizes the need to invest in such next-generation solutions that will deliver better performance and be environment friendly.
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