MoneyWorks4Me

Salzer Electronics has received a second order valued at Rs 50 crore for smart energy meters from one of the largest Advanced Metering Infrastructure Service Providers (AMISP) in India. This follows an initial order of Rs 5 crore received in the previous quarter from the same customer, underscoring their continued trust in its products and manufacturing capabilities. 

With an annual production capacity of 4 million Smart Meters, its newly established manufacturing facility is well-prepared to meet the increasing demand in India's rapidly evolving energy infrastructure. This development aligns with the company’s strategic vision to contribute to the nation’s smart metering initiative and support the transition to more efficient and reliable energy management systems.

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.

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