In a Bid to Automate Pune Manufacturing Unit, Sunlit Power Makes INR 100 Cr Investment

Sunlit Power, which manufactures batteries under brand name ARENQ, has announced its plans to invest INR 100 crore over the next two years to set up an automated manufacturing unit in Pune. It will be commissioned by October 2023. With an existing sales and service branch in Thiruvananthapuram, the company also plans to expand its presence across Kerala, Chennai, Delhi, and Bangalore in the current financial year.

Sunlit Power’s initiative towards automating its manufacturing units is just one of the many plans of the firm, which is eyeing business associations with a multinational corporation (MNC) and a major two-wheeler manufacturer. The company will be producing solar off-grid solutions and inverters for the MNC and batteries for high-speed electric bikes to be launched in 2025.

According to Shyam Manohar Nayak, Chairman of Sunlit Power, "The investment in automating our manufacturing unit in Pune is a strategic move that will enable us to increase efficiency and productivity. It will help us meet the growing demand for our products and services. At the same time, our new service centers across the country will further help us reach more customers. This proposed expansion aims to augment our production capacity, foster sustainable development, and generate employment opportunities."

Jitendra Patil, Managing Director of Sunlit Power, added, "Our expansion plans across metro cities will help us strengthen our presence in the market and provide better sales and service support to our customers. We are excited about the opportunities ahead and remain committed to providing high-quality products and services to our clients."

ARENQ recently forged a five-year partnership with RDL Technologies for battery monitoring with IoT (Internet of Things) devices.