S has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), Department of Industries & Commerce, Government of Haryana, to expand its manufacturing and warehousing operations in the state with a proposed investment of approximately `400 crore. The investment is expected to generate around 500 direct/Indirect employment opportunities.
The MoU was signed in the presence of Chief Minister of Haryana Nayab Singh Saini at the official launch of the ‘Make in Haryana’ Industrial Policy 2026, held in Gurugram on June 1, 2026. The launch event also unveiled a compendium of nine sectoral policies aimed at positioning Haryana as a preferred destination for industrial and clean-energy investments.
Under the agreement, Servotech Renewable and HEPC will establish a framework for collaboration and cooperation to facilitate the company’s proposed expansion plans in Haryana. The project is expected to attract an investment of approximately `400 crore and generate around 500 employment opportunities, contributing to the state’s industrial and economic growth.
The proposed investment will be deployed in a phased manner over the next 24 to 36 months and will support the expansion of Servotech’s manufacturing capacity across EV chargers, solar products, battery packs, BESS and power electronics.
