Indus Towers plans a foray into the EV charging infrastructure sector

Gurugram : Aligning with the Government of India’s emphasis on Electric Vehicle (EV) adoption and infrastructure augmentation, Indus Towers Limited, India’s leading telecom tower infrastructure provider, has decided to pursue suitable business opportunities in the Electric Vehicle (EV) charging infrastructure sector and received the approval of its Board of Directors for the same subject to prudential framework. The Company has already launched pilot EV charging stations in Gurugram and Bengaluru. The Company is well positioned to contribute to the EV charging infrastructure sector by leveraging its expertise in managing and providing space, power, and operations and maintenance (O&M) for seamless operation and efficiency. This is in line with the Company’s plan to supplement its long-term growth through relevant adjacent business opportunities.