Partnering with India for the Future
Over the years, New Favor Industry Co., Ltd. has established strong and stable material supply services with countries across Asia. Since 1996, we have cooperated with Japanese companies, achieving a 34% global market share in receiver unit sales. In 1997, we entered the Southeast Asian market, and from 1999, we began cooperating with German enterprises, formally entering and maintaining active partnerships in the European market. Since 2004, we have cooperated with Indian companies, and in the past five years, the Indian market has accounted for over 30% of our overseas customer revenue, fully demonstrating the deep trust between us and our Indian clients.
As a professional magnet manufacturer, our products in the Indian market cover a wide range of applications, from core components for two- and three-wheeler motorcycle motors to magnetic solutions for traditional and hybrid vehicles. We provide reliable product support and are committed to offering customized solutions tailored to the specific needs of customers in various industries to meet their expectations.
In addition to automotive applications, our magnetic products are also widely used globally in aerospace, electronics, electromechanical equipment, and medical technology. We understand that each industry has different requirements for magnetic components, and we provide the most suitable solutions.
We are well-versed in the properties of various magnetic materials, including neodymium iron boron, ferrite, alnico, and samarium cobalt, and produce magnets in multiple grades to meet diverse industrial application needs. Based on customer-provided information such as size, shape, performance, and operating temperature, we can recommend the most suitable magnetic materialsto support cost-effective material selection. Our technical team has extensive experience and expertise, enabling us to provide customized solutions for different application requirements and ensure the best results for every project.
New Favor Industry Co., Ltd. always upholds the philosophy of prioritizing quality, focusing not only on product manufacturing and supply but also on providing professional technical support and excellent after-sales service to customers. In the future, we will continue to promote cooperation with Indian and global customers, helping them achieve success in their respective industries and jointly leading technological progress and innovation in the industry.
