Shigan Quantum’s subsidiary, E Mobility Exim Pte. Ltd, has signed a Technology License Agreement with ICE-T (Changzhou) Co., Ltd., China, to manufacture, develop, and localize automotive sensors and controllers using ICE-T’s technology. EMPL holds exclusive rights for India and non-exclusive rights globally (excluding China) with a 10-year or product lifecycle term. The deal includes quarterly royalty and engineering support fees. This partnership aims to boost cost efficiency, speed up development, and strengthen India’s advanced manufacturing ecosystem in automotive components.