Visaka Industries Limited announced its foray into the new business segment of EV charging stations & plans to set up 10 self-sustaining, solar-powered EV charging stations ATUMCharge, in the first phase across major metros to cater to electric cars, bikes and scooters.
During their Annual General Meeting, Visaka Industries Limited has announced their entry into a new business segment called Electric Charging stations. According to a press release, in the future, they will also enter into the chain of retail stores business of sustainable products.
The company stated, “It will be leveraging its ATUM solar roof product at its EV charging stations. ATUM Solar Roof will allow the entire EV charging proposition to move to 100% solar whereas, currently, most EV charging stations use electricity produced by thermal power generation companies, completely defeating the purpose of moving to environment-friendly power.”
ATUMLife is the name of the new segment of Visaka’s chain of retail stores that will offer fully sustainable, eco-friendly, green products such as ATUM solar roof, apparel made with sustainable yarn, organic detergents, sustainable consumables, EVs and reusable kitchenware and cutlery, among others. Visaka Industries is planning to open 10 ATMLife stores in major metros across India.
Vamsi Gaddam, The Joint Managing Director of Visaka Industries, stated, “The new business areas will augment our existing businesses, but more importantly they define a viable roadmap for our future. our goal is to make Visaka Industries Limited a predominantly green company with products and services which are environment friendly and sustainable.”
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