Saft Recharges its Commitment to India
Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry for a century, renewed its focus on India on the eve of its centennial celebrations. Saft has now completed the purchase of remaining 49% of shares from its JV partner AMCO (which was a joint venture) to establish Saft India to reinforce its partnership with Indian industries. Saft now looks forward to strengthen its position in India by focusing on rail, telecom, and infrastructure.
Saft has been present in India from early 1900s through Stone, UK, which helped to build Indian Railway operations. Since then, Saft has been powering India’s critical space missions by ISRO, safe transportation through metros in Delhi, Uttar Pradhesh, Calcutta, Bangalore and Chennai, as well as building presence in telecom and standby power for industry.
When asked Franck Cecchi, Executive Vice President, Industrial Standby Division Chairman of the Board of Saft India, said- “AtSaft, we are exceptionally proud of our history. When we look at the past 100 years, we have always been at the forefront of creating the future technologies. Our batteries and systems have helped industries around the world with critical safety applications, back-up power and propulsion. We are increasing our focus on India now as Saft India to support the Indian government, the Make in India program and Indian industries. We look forward to accelerating our growth here,”.