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Sterling E-Mobility Solutions Limited partners with China’s Landworld to locally manufacture EV on-board chargers and DC/DC converters
Sterling Tools Limited, through its subsidiary Sterling E-Mobility Solutions Limited (SEM), has entered the electric vehicle on-board charger and DC/DC converter segment. SEM has signed technology license and supply agreements with Landworld Technology Co. Ltd., China.
Under this agreement, SEM will manufacture on-board chargers, DC/DC converters, and multi-function units that integrate chargers, converters, and power distribution functions. These components will be produced at the company’s EV campus in Faridabad.
The partnership is expected to generate ₹450 crore in revenue by FY 2030. This initiative supports domestic manufacturing and aims to reduce import dependence in the electric vehicle component sector. By producing these key EV power electronics locally, Sterling E-Mobility Solutions Limited intends to strengthen its position and expand its offerings in the domestic automotive market.
Anil Aggarwal, Chairman, Sterling Tools Limited, said:
“This partnership creates greater depth in the EV ecosystem in India. We are expanding beyond our initial Motor Control Unit & Power Train platforms to meet our customer’s growing demand for advanced technology in the EV sector. EV sub-systems are being increasingly consolidated into multifunction units and Sterling hopes to offer our customers greater choices for stand-alone and multifunction units to cover multiple (vehicle) functions. The Sterling Group will continue to extend excellent technical and application support to its customers to help drive greater adoption of EVs in India.”
Mr. Lin Chen, Vice General Manager, Landworld Technology Co., Ltd., China said:
“India’s EV market offer’s immense potential for growth and innovation. Through our partnership with Sterling E-Mobility Solutions Limited, we are bringing our proven expertise in On-Board Chargers and DC/DC converters to Indian customers across several EV vehicle categories. Together, we aim to create high-quality solutions that cater to India’s EV market while contributing to the country’s self-reliance and sustainability goals.”
