India CNG Kits Distributor Plans Major Expansion

| India, Delhi | Source: Economic Times

Car CNG kits distributor Mascot Powersys is making plans to expand its footprint by over nine-fold to 74 outlets in the next three years across India, report India’s Economic Times. The company reportedly aims to grow its Delhi presence from eight to twenty¬†outlets by 2012, besides foraying into other markets such as Ahmedabad, Surat, Vadodara, Mumbai and Pune by 2013.

Mascot Powersys Director Yash Arora told PTI the Indian market for retro-fitted CNG kits along with the cylinder is estimated at about Rs 16 crore (USD 3.5 million) per month. The company is also investigating setting up a local manufacturing facility for the CNG kits, which are at present imported from Poland and Italy.

Print Friendly, PDF & Email