TISS seals Indian deal

By Lancashire Business View

31 May 2018

ryan-wholey-tiss-ashok-rao-kgk-engineering-1000x501.jpg
Blackpool-based TISS, the fuel security specialist, has launched a new joint venture which will capitalise on its popularity in India.

The company, which manufactures products that prevent theft, overfill and spill of diesel, has launched TISS-KGK Security Systems Pvt Ltd to operate in the subcontinent.

Over the last year, more than 180,000 vehicles in India were fitted with the firm's TankSafe anti-siphon after earning an OEM factory-fit production agreement with the Tata motor company.

Working in conjunction with KGK Engineering puts TISS in a better position to meet the demands of the expanding Indian market.

Ryan Wholey, CEO for TISS, said: “We are delighted to sign a joint venture partnership with KGK Engineering.

"India, like many countries, relies heavily on its commercial vehicle market and we intend to use this new company to extend our market reach throughout India and beyond.”

Ashok Rao, managing director of KGK Engineering, added: “As soon as we met, we knew their TankSafe anti-siphon was a game-changer for the commercial vehicle market in India. “We look forward to working with the team to provide fuel security and safety to thousands of vehicles across the country.”

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