Servokon Systems Ltd would invest more than Rs 200 crore to build a new manufacturing factory in Hapur, Uttar Pradesh.

This facility, with a 25,000 square metre area, will be erected as part of Servokon's strategy to improve its production capacity. It claimed that the foundation for the structure will be laid soon.

The factory will increase the company's capabilities to produce transformers up to 220 KV class while also benefiting the local economy by providing new jobs. Notably, the facility will have a separate section for the fabrication of home-grown solar panels.

Servokon Systems Ltd. 's founder and managing director, Haji Kamruddin, stated that the new facility would enable the company to create transformers up to 220 KV class and concentrate on its own solar panel production.

Our venture into solar and renewable energy is in line with the government's objective to achieve energy independence while lowering carbon emissions.