Minda Corporation added 1.89% to Rs 102.55 after the company signed a strategic partnership with Israel based company for first unique collision avoidance technology for two-wheelers in India.
In a regulatory filing made during market hours today, Minda Corporation announced its partnership with Israel-based Ride Vision, a leading ADAS (rider assistance systems) solutions company, to bring its range of artificial intelligence-enabled collision avoidance technology products for the Indian two-wheeler market for making the Indian road more safer.
Roads in India are known to be very busy with numerous vehicle types, unique road behavior and challenging maneuverability and Ride Vision's collision avoidance technology has been uniquely built to address these challenges, specifically for two and three wheelers.