PG Electroplast Limited (NSE: PGEL), a leader in electronic manufacturing services and plastic molding, has unveiled its expansion into the electric vehicle (EV) and lithium-ion battery sectors through an exclusive partnership with Spiro Mobility. This strategic move sees PG Electroplast’s wholly owned subsidiary, PG Technoplast Pvt. Ltd., taking the helm in manufacturing Spiro Mobility’s electric […]
PG Technoplast Private Limited, a subsidiary of PG Electroplast Limited (PGEL), celebrated the opening of its new air conditioning manufacturing facility in Bhiwadi, Rajasthan, marking a significant advancement in its production capabilities. This move is designed to address the increasing demand for energy-efficient and sustainable cooling solutions in India and to strengthen the company’s position […]
PG Technoplast Private Limited (PGTL), a subsidiary of PG Electroplast Limited, has announced its plans to invest over INR 100 crores in setting up an air conditioner plant in Rajasthan to manufacture room air conditioners. The company has entered into a nine-year term lease agreement for a custom-built industrial building in Rajasthan, as outlined in […]
PG Electroplast Limited said that its fully-owned subsidiary — PG Technoplast Private Limited has secured approval from the Indian government under the production linked incentive (PLI) scheme for white goods under the air conditioner components category. The company will invest INR 321 crores over a period of five years starting from FY2022. PG Electroplast provides […]