Hind Rectifiers to set up AI, Web3 arm with expansion of Nashik facility

Power and railway equipment producer Hind Rectifiers is expanding its manufacturing facilities in Nashik and has also decided to set up a subsidiary for developing high-tech products and solutions in AI, Web3 and others, according to a top official.

Hind Rectifiers MD & CEO Suramya Nevatia said that the company actively progressing with our capacity expansion plans at the Sinnar and Satpur plants in Nashik along with focus on backward integration which will improve cost efficiency.