MoneyWorks4Me

Salzer Electronics inks pact to manufacture electric conversion kits

19 Jul 2021 Evaluate

Salzer Electronics has entered into joint venture with EMarch LLP to manufacture electric conversion kits for vehicles. The company would form a wholly owned subsidiary, Salzer EV Infra, which in turn would form a JV named Salzer EMarch E Mobility, in association with EMarch LLP (Indo-Austrian technology firm with abundant resource and knowledge in Electric Conversion Kits & power electronics).

This JV would be engaged in manufacturing electric conversion kits for auto-rickshaws, cars and buses and also manufacture novel electric driven utility vehicles.

Salzer Electronics made its debut in the Electrical Industry with an aim to design, develop, manufacture and supply CAM operated Rotary Switches, selector switches, Wiring Ducts, Voltmeter Switches and allied products. It is headquartered in Coimbatore, Tamil Nadu.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
View more..