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Press Release - February 28, 2022

Servotech & JSG enters into a formal association to achieve big in the EV space

New Delhi: In a strategic move to take a giant leap in the EV business and contribute significantly to the nation's progression towards the EV revolution, Servotech Power Systems, as a leading manufacturer of EV chargers, Solar products, LEDs, Oxygen Concentrators and UV-C disinfection devices, associates with JSG Group, a renowned entity engaged in the manufacturing of superiorgrade automotive accessories and component.

With agreement on standard practices and key decisions on several fronts during the high-level talks between Servotech and JSG, the companies announced a formal association. Being a pioneer in the integration of cuttingedge technology and modern-age innovations for developing advanced solutions, Servotech through this strategic alliance with JSG aims to hit new milestones in the EV business and concentrate on devising new strategies and action plans. Besides cooperation on critical and crucial aspects, both organisations have committed to extend unconditional support, exchange data insights for product quality enhancements.

“We are thrilled about the association with JSG to roll-out our advanced EV chargers and undertake installation projects. The association would help us emerge as a leading OEM within the automobile industry,” said Raman Bhatia, Promoter & Managing Director, Servotech Power Systems Ltd.

Having initiated the manufacturing of smart tech-driven innovative EV chargers for installation at various EV charging stations across the country, Servotech while recently marking its entry into the EV space informed about being in talks with various bodies for identifying promising roadmaps and approaches for initiating the establishment of EV charging tech infrastructure nationwide.

Commenting on the new alliance with JSG, Sarika Bhatia, Whole Time Director, Servotech Power Systems stated, "We take immense pride in associating and aligning our objectives with JSG as our principles of contributing to society are central to our success and achievements.”

As Servotech presently gears up its tech apparatus to level-up the production capacity of its EV charging equipment, the association with JSG would result in significant product quality upgrades and enhancements.

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About Servotech Power Systems Limited:

Servotech Power Systems is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers which are compatible with different EVs and serve multiple applications such as commercial and domestic. With our comprehensive engineering capabilities, we plan to play a pivotal role in developing India's EV tech infrastructure. A trusted brand with a strong pan-India presence, our legacy is marked by proven innovation and distribution of high-end LED lighting and UV-C disinfection products, along with medical-grade oxygen concentrators and its makings.

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Prabhutva Tiwari
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