Pricol Limited, a manufacturer of precision-engineered automotive products, has entered into a five-year technology licensing agreement with Domino S.r.l., an Italian manufacturer of control components for two- and three-wheelers. Under the agreement, Pricol will manufacture, distribute, and sell switches, throttles, and related products for original equipment use in two-wheelers across India and Southeast Asia.
As part of the collaboration, Pricol and Domino will jointly define customer requirements and specifications to deliver integrated solutions. The license consideration will be in the form of royalty payments based on product usage. The partnership is aimed at serving domestic and international original equipment manufacturers (OEMs) in the target regions.
The agreement combines Domino’s expertise in control system technologies with Pricol’s manufacturing and distribution capabilities. It also includes opportunities for cross-market collaboration, such as leveraging Domino’s aftermarket footprint in Europe and the United States.
“Our partnership with Pricol Limited is a cornerstone of our global expansion into the vital markets of India and Southeast Asia,” said Federico Bertini, CEO of Domino S.r.l.
“Partnering with Domino S.r.l. marks a significant step in our journey to deliver advanced technology solutions. Their expertise in motorcycle control systems complements our market understanding and manufacturing strength,” stated Vikram Mohan, Managing Director of Pricol Limited.
“This collaboration aligns with our strategic goal of becoming a key supplier of handlebar components for two-wheelers, alongside our Driver Information System portfolio,” added Siddharth Manoharan, Group Director of Strategy at Pricol.
The agreement is effective from July 14, 2025, and may be extended beyond the initial term through mutual written consent.
Founded in 1975 and headquartered in Coimbatore, India, Pricol Limited manufactures precision-engineered automotive products across three verticals: Driver Information and Connected Vehicle Solutions (DICVS), Actuation Control and Fluid Management Systems (ACFMS), and Precision Products. The company offers more than 5,200 product variants to OEMs in the two-/three-wheeler, passenger vehicle, commercial vehicle, and off-highway vehicle segments. Pricol operates 14 manufacturing facilities in India and one in Indonesia, with international offices in Dubai, Tokyo, and Singapore, and employs over 8,500 people.
Established in 1951 and based in Sirtori, Italy, Domino S.r.l. designs and manufactures mechanical and electronic motorcycle control components, including ride-by-wire throttles, control devices, quick shifters, and grips. The company supplies leading global OEMs and has a strong presence in motorsports, serving championship-winning teams.
