New Delhi, Servotech Power Systems on Thursday said it will invest Rs 100 crore for setting up a facility to manufacture components of EV chargers. The project will come up at Sonipat in Haryana, Servotech Power said in a statement.
“The company is investing Rs 100 crore for setting up an EV charger component manufacturing facility. The plant will have an initial annual production capacity of 24,000 power modules,” it said.