Mumbai based BSE Listed (540614 )G G Engineering, in its effort to manufacture
products that adhere to ESG (Environment, Social, and Governance) qualities, has announced launch its new product line. The company has conceptualized, designed and will manufacture EV Charging Station. The production and distribution network will start in three months. The company has developed EV Charging station from 3 KW to 22 KW. The company will commence manufacturing of EV Charging station. These stations shall be used to charge two, three and four wheeler vehicles.
The product will aid in Government of India’s focus towards use of clean energy and reducing usage of fossil fuels in an efficient way. This will upsurge the demand of this products and company expects to carve a niche in the segment.
Before this the company also had commenced manufacturing of GG ECO, a fully automated system to manage the wet/organic/food/garden waste at any place. The company has also launched India’s first fully-automated and smart Reverse Vending Machines (RVMs). The company has an order from western railway to install RVMs across stations with advertisement rights. Earlier last year, the company had also
entered in to agreement with Panasonic India to procure and market advertisements for plastic bottle crushing machines (PBCM) of G G Engineering.
As the world struggles with multiple crisis – climate and social unrest, there is a need for all of us to do our bit. If you are fortunate enough to be an investor, perhaps the most impactful thing you can do right now is to focus your investments around sustainability.