Stay updated with breaking news from Servotech Power. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The manufacturing facility is being set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022, the company said in a statement on August 12.
Servotech Power: The MoU was signed by Servotech's MD Raman Bhatia and UP's Industrial Development Minister Nand Gopal Gupta 'Nandi'. Invest UP CEO Abhishek Prakash and other senior officials of the state government were also present on the occasion.
Lithium-ion Batteries: In a statement, Servotech Power said the initial investment will be utilized to procure testing equipment, manpower, machinery, and cutting-edge technology and supporting other allied activities.
State-owned IDBI Bank on Monday reported a 60 per cent growth in net profit to Rs 927 crore in the third quarter ended on December 31, 2022, on lower provisioning and better interest income Get more Companies News and Business News on Zee Business.
Servotech has landed the contract to supply and install 800 units of DC fast EV chargers at BPCL’s retail sites and fuel and gas stations across the country.