Sterling Tech-Mobility Partners with Kunshan GLVAC for EV Component Manufacturing Facility
Sterling Tech-Mobility has entered into a strategic partnership with the Chinese company Kunshan GLVAC Yuantong New Energy Technology to establish a manufacturing plant for advanced high-voltage DC contactors and relays. This facility will cater to the growing demand for electric and hybrid vehicles, and is set to be located in Bengaluru, Karnataka. The total investment in the project amounts to Rs 40 crore. The collaboration is expected to strengthen the local manufacturing capabilities for EV components, playing a crucial role in the evolving Indian electric vehicle market.
Climaveneta Climate Technologies Announces Rs 400 Crore Investment
Climaveneta Climate Technologies (CCT), headquartered in Bengaluru, has revealed plans to invest Rs 400 crore in its state-of-the-art manufacturing facility in Narsapura, located in Kolar district. The company aims to enhance its production capacity in the climate control and HVAC sectors, which are vital for energy-efficient cooling solutions in various industrial applications. CEO Anil Dev highlighted that this investment will significantly boost CCT’s manufacturing capabilities and ensure the company’s commitment to sustainability and innovation.
Contact Details: Climaveneta Climate Technologies
No. 180, 9th Cross, 5th Main,
Indiranagar 1st Stage,
Bangalore-560038, Karnataka
Phone: 080-42466900
Email: sales@climaveneta.in
