OEC orbital corporation limited

UCAL Fuel Systems Limited which entered into arrangements...

  1. 6,931 Posts.
    UCAL Fuel Systems Limited which entered into arrangements with
    Orbital in January 2003 to
    manufacture Orbital's fuel injection systems in India, will be the
    supplier to Bajaj. Synerject, Orbital's
    manufacturing joint venture with Siemens-VDO Automotive Corporation,
    will initially supply selected
    components, such as the air injector, to UCAL. UCAL's high quality
    and low cost manufacturing base
    will allow cost effective fuel injection system supply to this very
    important customer as well as the rapidly
    growing Indian market.
    "We have great expectations for the Bajaj autorickshaw equipped with
    Orbital's direct injection
    technology. Outstanding fuel economy and reduced emissions, along
    with improved drivability is
    exactly what our customers need. We expect our strong dominance of
    this sector of the market to
    continue," commented Bajaj's Joint Managing Director, Mr. Rajiv
    Bajaj. "We look forward to working
    closely with UCAL and Orbital to achieve our product goals".
    "We are very pleased with this agreement with Bajaj. This is an
    important further step into Asia for us."
    said Orbital's Chief Executive Officer, Mr. Peter Cook. "Bajaj is
    the right partner for Orbital in the
    autorickshaw sector with its dominant market presence and its highly
    capable engineering abilities."
    ENDS
    Orbital is an international developer of engine and related
    technologies, providing research, design and

    UCAL Fuel Systems Limited which entered into arrangements with
    Orbital in January 2003 to
    manufacture Orbital's fuel injection systems in India, will be the
    supplier to Bajaj. Synerject, Orbital's
    manufacturing joint venture with Siemens-VDO Automotive Corporation,
    will initially supply selected
    components, such as the air injector, to UCAL. UCAL's high quality
    and low cost manufacturing base
    will allow cost effective fuel injection system supply to this very
    important customer as well as the rapidly
    growing Indian market.
    "We have great expectations for the Bajaj autorickshaw equipped with
    Orbital's direct injection
    technology. Outstanding fuel economy and reduced emissions, along
    with improved drivability is
    exactly what our customers need. We expect our strong dominance of
    this sector of the market to
    continue," commented Bajaj's Joint Managing Director, Mr. Rajiv
    Bajaj. "We look forward to working
    closely with UCAL and Orbital to achieve our product goals".
    "We are very pleased with this agreement with Bajaj. This is an
    important further step into Asia for us."
    said Orbital's Chief Executive Officer, Mr. Peter Cook. "Bajaj is
    the right partner for Orbital in the
    autorickshaw sector with its dominant market presence and its highly
    capable engineering abilities."
    ENDS
    Orbital is an international developer of engine and related
    technologies, providing research, design and
    _____________________________________________________________________
    ____
    PERTH, AUSTRALIA: Orbital Engine Corporation Limited, Australia and
    Bajaj Auto Ltd, India have
    announced a Technical Cooperation Agreement that will see Orbital's
    fuel injection technology applied
    to a significant volume of Bajaj's autorickshaw three wheeler
    vehicles. The agreement for seven years
    provides exclusivity to Bajaj on its autorickshaw vehicles for the
    three years following the
    commencement of production, expected to be during 2005.
    Bajaj, based in Pune, is one of India's largest producers of two and
    three wheelers and dominates the
    autorickshaw market segment in Asia. The autorickshaw is the
    ubiquitous form of transport throughout
    India and much of Asia and is currently enjoying strong growth. The
    Indian market is increasingly
    emissions conscious with more stringent emissions standards
    commencing in 2005 and further
    strengthening in 2008/2009. The market is also fuel economy
    conscious and Orbital's direct injection
    technology provides significantly improved fuel economy and vehicle
    operating costs, in addition to
    desirable engine performance.
    This agreement and related arrangements with Bajaj provides Orbital
    with revenue streams from its
    intellectual property and engineering consulting services for
    ongoing technical support.
    UCAL Fuel Systems Limited which entered into arrangements with
    Orbital in January 2003 to
    manufacture Orbital's fuel injection systems in India, will be the
    supplier to Bajaj. Synerject, Orbital's
    manufacturing joint venture with Siemens-VDO Automotive Corporation,
    will initially supply selected
    components, such as the air injector, to UCAL. UCAL's high quality
    and low cost manufacturing base
    will allow cost effective fuel injection system supply to this very
    important customer as well as the rapidly
    growing Indian market.
    "We have great expectations for the Bajaj autorickshaw equipped with
    Orbital's direct injection
    technology. Outstanding fuel economy and reduced emissions, along
    with improved drivability is
    exactly what our customers need. We expect our strong dominance of
    this sector of the market to
    continue," commented Bajaj's Joint Managing Director, Mr. Rajiv
    Bajaj. "We look forward to working
    closely with UCAL and Orbital to achieve our product goals".
    "We are very pleased with this agreement with Bajaj. This is an
    important further step into Asia for us."
    said Orbital's Chief Executive Officer, Mr. Peter Cook. "Bajaj is
    the right partner for Orbital in the
    autorickshaw sector with its dominant market presence and its highly
    capable engineering abilities."
    ENDS
    Orbital is an international developer of engine and related
    technologies, providing research, design and

 
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