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PG Electroplast's subsidiary PG Technoplast signed a definitive agreement to become the exclusive manufacturing partner for Spiro Mobility's electric vehicles and lithium-ion batteries in India. PG Technoplast will set up and manage manufacturing facilities, while Spiro handles R&D, marketing, and distribution.
“The company's entry into EV and Lithium-Ion battery manufacturing opens up a new horizon of growth and with a partner like Spiro, the company is confident that this association will go a long way to become a sizeable player in the Indian EV market.”cnbctv18.com
Summarized from public sources; check the original articles before acting on it.