GreenFuel wins Make in India Emerging Entrepreneur award
The company specialises in product solutions for sustainable mobility
New Delhi, July 13, 2018
GreenFuel was felicitated at the recently held Make in India Emerging Entrepreneurs Summit and Awards 2018 with an award in the automobiles category. Akshay Kashyap, Founder and MD, received the award from the Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Dharmendra Pradhan.
These awards are an effort to recognise rising ‘Make in India’ stars in the field of manufacturing. The winners were identified after a three month long intensive survey and were then shortlisted by an expert jury namely Uday Kotak, Aroon Purie, Manish Sabharwal, Amitabh Kant and Sanjay Nair. Greenfuel specialises in product solutions for sustainable mobility. These solutions are based on their expertise in handling high pressure gaseous fuels, as well as ventures into exciting new areas of energy storage (batteries) and electric vehicles, all of which helped to bring the company out on top.
Speaking on the occasion, Akshay Kashyap said, “It is an honor to have our hardwork and passion recognised as a Make In India Emerging Entrepreneur. We want to use this opportunity to continue to grow and build upon our efforts. We believe that the future is green and sustainable technologies are a necessity to continue to better our country.”
Greenfuel is one of the largest suppliers of automotive components to OEMs for vehicles that run on alternative fuels. Its innovative approach has helped shape the modernisation of CNG systems for OEM vehicles. It is the first company to introduce NGV filling systems in cars as well as automatic cylinder valves, and the only company to do complete fuel delivery and storage systems for low-floor busses in India. The company has also ventured into new areas of energy storage (batteries) and electromobility (battery-operated vehicles). In a short time, it has emerged as one of the knowledge leader in Li-ion batteries.