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Triton Solar draws investment plans for assembly plants

Monday, 18 Jun 2018
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Triton Solar has announced investment plans of its manufacturing facilities in Andhra Pradesh and Telangana.

 

The assembly plant in Amaravati, Andhra Pradesh, will come up by September 2018, which will be followed by a second assembly plant. In Phase-I, Triton-Arreda will invest USD 150 million.

The company will invest another USD 150 million at the manufacturing facility in Telangana.

It also has plans to set up a new manufacturing facility in 2019. The company will make investments of USD 600 crore through this facility. However, the location is yet to be finalised.

The product portfolio from Triton Solar will include solar, lighting, and power all in printed form. The product, which is going to come out from the Indian manufacturing facility, will have a unique capability and offering to the market.

The printed lights can be used in a wide variety of products including, but not limited to retail signs, promotional signs, restaurant menus, etc.

 
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