Sterling Tools-China’s Haohang Sign Pact; Stock Soars 60%

Auto component maker bets on ARAS to ride India’s safety and EV wave.

Sterling Tools Limited has entered into a technology and supply partnership with Nanjing Haohang Technology Co Ltd to develop and manufacture Advanced Rider Assistance Systems (ARAS) for India’s two-wheeler market. The company will handle localisation, engineering, production, and sales, targeting OEM adoption at scale.

ARAS uses sensors, software, and control systems to detect risks and alert riders in real time. The company says it is a two-wheeler equivalent of ADAS.

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India’s two-wheeler market faces high accident rates, making safety tech a regulatory and commercial priority. With increasing policy push toward safer mobility and electrification, ARAS could mirror the adoption curve of ADAS in passenger vehicles.

Features under validation include front and rear collision warnings, blind-spot detection, lane-change alerts, and wrong-side warnings, tailored for Indian road conditions.
Sterling Tools operates in the automotive components space, supplying high-tensile fasteners across passenger vehicles, two-wheelers, commercial vehicles, and agri/construction segments while expanding into EV power electronics and mobility tech via subsidiaries.

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The stock has been on a sharp rally, gaining roughly 60% over the past month, driven by renewed investor interest in EV-linked ancillaries and safety-tech plays. It has moved out of a prolonged range-bound phase, with volumes indicating strong institutional participation.

Commenting on the announcement, Anish Agarwal, Director, Sterling Tools, says, “We are moving toward an era of intelligent mobility. Two-wheeler accidents account for a significant share of road fatalities in India, and our collaboration aims to foster a safer environment for the 2W industry and its manufacturers.”

The company is building capabilities in EV power electronics, high-voltage DC components, and motor technologies alongside ARAS. If OEM integration scales up, ARAS could open a new high-margin revenue stream, strengthening its transition into a tech-led mobility supplier.

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Pratyush Kumar
Pratyush Kumar
Pratyush Kumar is a senior journalist at EFY covering business, tech, and markets. Pratyush has a background in TV reporting and has a keen interest in electronics and emerging gadgets.

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