Mumbai, April 18 -- Yongin Electronics Company is a major supplier of components to the Hyundai Kia Motor Group. Yongin is the leading manufacturer for electronic components like transformers, AC/DC reactor, coil & choke, EMI filter board, DC link EMI filter, high current DC connector and metal ferrite cores and has participated in the development of Korea's electronics industry over the past 47 years.

This strategic agreement, expected to generate Rs 250 crore in business over the next 5 years, marks a crucial step in advancing the production of electric vehicle (EV) and electronic components within India.

As a key supplier of components, Yongin Electronics Co., Ltd offers its technological expertise to the India's growing EV sector. T...