CapEx News

Servotech commits Rs 100 crore to boost EV charger manufacturing

Automotive Industries Mar 12,2024

Servotech Power Systems plans Rs 100 crore investment in Sonipat, Haryana, for EV charger component manufacturing. Initial capacity: 24,000 power modules, aiming for 2.4 lakh to meet India's grow

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Servotech Power, EMCOR to build 1,000 EV charging stations in India

Power Generation Oct 16,2023

Servotech Power Systems and EMCOR Power Solutions will construct 1,000 EV charging stations across India under a recent deal. EMCOR commits to provide 1,000 charging power operator sites, serving as t

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Servotech inks MoU with UP government to establish EV Charger manufacturing plant in UP

Automotive Industries Aug 14,2023

The Government of Uttar Pradesh and Servotech Power Systems Ltd., a leading EV charger manufacturer in India, have signed an MoU to establish an EV charger manufacturing factory with backward integrat

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Servotech Power to produce EV components with initial investment of Rs 30 cr

Power Generation Aug 01,2023

Servotech Power Systems announced an initial investment of Rs 30 crore to produce EV charger parts and lithium-ion batteries. By March 2025, the total investment will reach Rs 300 crore, along with Te

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