G G Engineering Expands Its Product Line By Launching ‘EV Charging Station’; Stock Gains 1%
The production and distribution network will start in 3 months.
G G Engineering Ltd has announced that the company has expanded its product line by launching “EV Charging Station” a product, conceptualized, designed & manufactured by the company.
G G Engineering Limited with a view to increase its product line has developed EV Charging’Station from 3 KW to 22 KW.GG Engineering Ltd. shall commence manufacturing of EV Charging Station.
These Stations shall be used to charge 2/3/4/ wheeler vehicles. The production and distribution network will start in 3 months, said company.
The product be completely “Made in India”.
Accordingly,the Product will be increasing awareness and focus of Government of India as well as state governments on use of clean energy and reducing the usage of fossil fuels in an efficient way and will upsurge the demand of this products and the company expects to carve a niche in the segment.
At around 3:10 PM, G G Engineering was trading at Rs28.15 per piece higher by 1.26% on Sensex.
Source: indiainfoline
