Genus Innovation is planning to set up an electronic energy meters manufacturing unit at Karandi, Samba in Jammu & Kashmir.
The proposed unit will spread over 2.5 acres of land parcel and also manufacture printed circuit board, UPS with lead acid and SMF battery solar inverter, solar power generating sets.
As per the information shared with Projects Today, Genus Innovation has acquired land; and has also finalized the contractor and machinery supplier for the project.
The company expects to start the work on the project by end of Q1/2023.