Published On:October 13 2023
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"Banco New Energy Cooling Systems Ltd Initiates Commercial Production"
Banco New Energy Cooling Systems Limited, a wholly owned subsidiary of Banco Products (India) Limited, has officially initiated commercial production at its state-of-the-art facility located at Block No. 1329, Taluka Jambusar, Village Ankhi, Bharuch, Gujarat - 392150.
The company is now in full swing with the manufacturing of its primary product line, which includes heat exchangers specifically designed for locomotives. This marks a significant milestone for Banco New Energy Cooling Systems Ltd as it positions itself to meet the increasing demands of the market and further solidify its presence in the cooling systems industry.
The launch of commercial production underscores Banco Products (India) Limited's commitment to innovation and the expansion of its subsidiary's product offerings. The facility's strategic location in Gujarat enhances its accessibility to key markets and enables efficient distribution of high-quality heat exchangers for locomotives.
This move is expected to have a positive impact on both Banco New Energy Cooling Systems Ltd and its parent company, Banco Products (India) Limited, as they continue to contribute to the advancement of cooling technology for the railway and transportation sectors.
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