Sterling Tools Partners with China’s GLVAC to Manufacture High-Voltage EV Components in India!

Sterling Tools Limited (STL), India’s second-largest manufacturer of automotive fasteners, has announced a strategic collaboration with Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. (GLVAC YT), a subsidiary of China’s Kunshan GuoLi Electronic Technology Co., Ltd. (GLVAC). This partnership aims to localize the production of advanced High Voltage Direct Current (HVDC) contactors and relays in India, which are essential components for managing current flow in electric and hybrid vehicles.

Through its subsidiary Sterling Technotronics Mobility Limited, STL plans to invest ₹40 crore in establishing a new manufacturing facility in Bengaluru. This facility will produce HVDC contactors and relays, reducing India’s dependency on imports and supporting the nation’s Atmanirbhar Bharat and Make in India initiatives. The collaboration is expected to generate approximately ₹250 crore in revenue by FY30.

Anish Agarwal, Director of Sterling Tools Limited, emphasized the company’s commitment to advancing safety features in electric and hybrid vehicles. He stated that the new Bengaluru facility will enhance accessibility and affordability of HVDC components for Indian Original Equipment Manufacturers (OEMs) and Tier-1 suppliers, fostering a localized supply chain for electric and hybrid vehicle production.

Li Qinghua, General Manager of GLVAC YT, highlighted India’s significance as a rapidly growing electric vehicle (EV) market. He expressed confidence that combining GLVAC’s expertise in HVDC technology with Sterling’s manufacturing capabilities would deliver high-quality EV components and support India’s green mobility goals.

HVDC contactors and relays are critical for controlling high-voltage current between the battery, motor controller, inverter, and other power systems in electric and hybrid vehicles. They improve efficiency and safety by managing electrical flow and providing isolation, thereby mitigating the risk of electrical faults, fires, or explosions.

By producing these components domestically, Sterling Tools aims to offer advanced technology to Indian OEMs, Tier-1 suppliers, and other companies, contributing to the development of a localized supply chain and supporting the growth of the EV industry in India.