BSE listed G G Engineering Ltd. (BSE: 540614), has announced launch of its new product line, the EV Charging Station. With a view to expand its product line, the company has developed EV Charging station from 3 KW to 22 KW. The company will 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.
The
product will be completely “Made in India”.
Recently
the Company has commenced manufacturing of GG ECO, a fully automated system to
manage the Wet/Organic/Food/Garden Waste at any place. Inspired by the Swachh
Bharat Abhiyan, GGE launched India’s first fully- automated and smart RVMs.
G G
Engineering has an order from western railway to install RVMs across stations
with Advertisement rights.
The
company has also entered in to agreement with Panasonic India Pvt. Ltd
market to procure advertisements for plastic bottle crushing machines of G G
Engineering Ltd. Clients include Tata Motors, Voltas, Indian Railways,
Reliance Life, etc.
With the entry of G G Engineering into the sunrise sector- EV space,the company is all poised for a upward journey which in turn would help it to grow its revenues and profitability, whereby making it attractive for investment.
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