Zetwerk plans to invest ₹500 crore over the next two years to enhance its renewable energy manufacturing capabilities. Cofounder and COO Srinath Ramakkrushnan revealed that the investment will be a mix of debt and equity based on the company’s balance sheet. Zetwerk aims to grow in solar and offshore wind, focusing on the US and Europe.
Josh Foulger, president of Zetwerk Electronics, has called on the Indian government to eliminate restrictions on the production-linked incentive (PLI) scheme for mobile phones to attract more companies in the Android smartphone sector. He noted that the current PLI scheme has limited growth opportunities, particularly for Android phone manufacturers, and advocated for a more open […]
Zetwerk on Thursday said it secured an order with Indian Oil Corporation (IOCL) to set up morethan 1,400 EV fast chargers across India through competitive bidding. With this association, Zetwerk is supporting IOCL’s aspiration to become a 360-degree energysolutions provider company, actively investing in emerging mobility trends such as EVs. Fuelling IOCL’s ambitious green agenda, […]
“The world of consumer electronics and overall ESDM (Electronics Systems Design and Manufacturing) is undergoing a paradigm shift, and India is already playing a pivotal role. The country is building new supply chains in every electronics category to integrate with domestic and Global Value Chains, and Zetwerk is aiming to be among the top 3 […]
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