Chennai, Sep 30 (PTI) Auto-components maker Wheels India has signed a technical agreement with SHPAC (SHINHUNG Precision Machinery Company Ltd), a leading hydraulics cylinder manufacturer in South Korea, to facilitate a technology transfer in manufacturing.

The city-headquartered Wheels India has identified hydraulic cylinders segment, as one of the strategic growth areas and this collaboration is expected to drive its growth further in this segment.

In a press release on Tuesday, company MD Srivats Ram said, “It has been our stated intent to focus and grow the hydraulics cylinder business significantly over the next few years. We believe this business segment has potential to be an important growth driver for Wheels India globally, going forward." Wheels India, which is a leading manufa

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