Servotech Power Systems Limited, a solar products and EV charging equipment provider, has appointed Deepak Kumar as vice president for its EV charger vertical.
In this role, Deepak will lead end-to-end supply chain and operations for the EV Charger vertical. He will be closely working with directors, chief operating officer and chief technical officers for the smooth product development, lean processes, mass production and distribution of EV chargers in both AC and DC Segment.
Deepak brings to Servotech two decades of experience in automotive and telecom sectors, across companies like Honda Cars India Ltd, Tata Motors Ltd. and Tier 1 automotive suppliers.
Commenting on the announcement, Raman Bhatia, founder and managing director, Servotech Power Systems, said, “We are delighted to welcome Deepak to the Servotech team. Servotech will benefit immensely with his vision, expertise and supply chain management skills. We are sure that with his wealth of experience he will be able to help Servotech scale newer heights in the EV industry.”
Deepak Kumar, vice president, EV Charger, Servotech Power Systems, said, “Electric vehicles are going to drive the automotive segment back to its past glory, as estimated by Grant Thornton Bharat and the Federation of Indian Chambers of Commerce & Industry suggests India will need more than 4,00,000 charging stations for the 20 lakh-plus electric vehicles that could be on its road by 2026. With this growth rate, EV charger is definitely having vast scope and potential in the near future. Looking at the market dynamic of this segment and the pace with which disruptive technologies and multiple new entrants are knocking the door, we need to pull up our socks and endeavour to deliver on time quality product with competitive pricing in a most sustainable way.”
Servotech plans to expand its team to over 1000 full-time employees in the coming nine months. Currently, the company has over 200 employees.
Recently, Servotech announced its foray into the EV market and initiated the manufacturing of smart tech-driven innovative EV chargers for installation at various EV charging stations across the country. The decision of embarking on this new journey is in line with its vision of developing solutions in accordance with the Government’s Make in India initiative and steering the nation towards a greener and sustainable future.
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