Business Update12 Oct 2023, 11:52 pm
Mercury EV-Tech Limited Inks MOU with SRBH Motors Private Limited
AI Summary
Mercury EV-Tech Limited has inked an MOU with SRBH Motors Private Limited to develop new range of products and manufacture cargo containers at Vadodara facility. The company has invested Rs. 20 Crore in the R&D facility and plans to produce 700-800 containers in the first phase.,
Key Highlights
- Inks MOU with SRBH Motors Private Limited
- Develop new range of products
- Manufacture cargo containers
- Investment of Rs. 20 Crore
- Production of 700-800 containers in first phase