Servotech Renewable Power System has entered into a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC) to support the expansion of its clean energy manufacturing operations in the state. The agreement represents a proposed investment of ₹400 crore and aligns with Haryana’s efforts to attract advanced manufacturing and renewable energy projects.
The investment is expected to strengthen Servotech’s production capabilities while supporting the growth of the state’s industrial ecosystem. Through the partnership, the company aims to establish additional manufacturing and warehousing infrastructure, helping meet the rising demand for renewable energy and electric mobility solutions across India.
According to the company, the expansion project is likely to create significant employment opportunities and contribute to local economic development. The initiative is also expected to encourage ancillary industries and strengthen Haryana’s position as an emerging hub for clean technology manufacturing.
The proposed expansion will focus on increasing capacity across key business segments, including EV charging solutions, solar energy products, battery storage systems, and power electronics. By enhancing its manufacturing footprint, Servotech aims to improve operational efficiency and support the growing adoption of sustainable energy technologies.
The MoU was signed as part of Haryana’s broader industrial development initiatives aimed at attracting investments and promoting innovation-driven growth. The state government continues to introduce policies and support mechanisms designed to accelerate industrial expansion and strengthen its manufacturing sector.
With this strategic investment, Servotech Renewable is reinforcing its long-term commitment to India’s clean energy transition. The company believes the planned expansion will help scale its manufacturing capabilities, drive future growth, and contribute to the country’s renewable energy and e-mobility ambitions.
