Anand Groups’s Anevolve inaugurates its power electronics factory in Bhiwadi
ANEVOLVE, a cleantech company established by Anand Group earlier this year, inaugurated its factory in Bhiwadi on 22nd March’23. This plant will manufacture EV products such as inverters, AC/DC converters, and onboard chargers, along with power distribution units, which will enhance the shift to clean mobility.
Speaking about ANEVOLVE and the launch of its POWERTRONICS division’s Bhiwadi plant, Jaisal Singh, Executive Chairman of ANEVOLVE, said: “As India rightly claims its place as a global economic superpower, it is imperative that our guiding principle for growth is sustainability. The creation of ANEVOLVE is for us, not just as business group but also as a family, an important and significant step in this journey. “ANEVOLVE will design, create, and manufacture green technologies, systems, and solutions for wide-ranging applications across sectors,” said Mr. Singh.
In January, ANEVOLVE partnered with Japanese sustainable energy solution provider Headspring Inc. to set up an engineering centre in India.