Business News | New Delhi Tech Start-up Foxtini Wows the European Market
Get latest articles and stories on Business at LatestLY. Foxtini, an electric motor engineering start-up from New Delhi, is one of the first companies in India to successfully commercialize the innovatory Axial Flux BLDC electric motor featuring state-of-the-art soft magnetic composites. The company has designed a range of state-of-the-art electric motors for which they have bagged a multimillion Euro tech export order from an Italian Arihant s.r.l which manufactures non domestic cleaning machines. The European electric motor market is currently estimated at USD 22.32B, growing healthily at a ...