15 Sep 2025 | 3 Mins Read
Stock surges 9% post EV parts deal with China firm in India
Flipitmoney
Sterling Tools' subsidiary SGEM partners with China's Landworld Technology to manufacture EV chargers and converters locally in India, supporting self-reliance in EV components through import substitution. This partnership led to a 9% surge in shares of one of India's leading automotive component manufacturers during Monday's trading session.