By pooling the collective knowledge of both entities, the hydrogen market could be bolstered in a significant way with both leading companies in their respective area of the hydrogen fuel cell market.
As part of the joint venture, the first H2X series of powered generators will be put into service with a large-scale power system providing emission free power for Advik’s state of the art Research and Development Centre located in Pune, India.
The two companies have been working together to explore opportunities for hydrogen in the Indian market, and as the dawn of the green hydrogen revolution comes upon the country the joint venture has launched to position H2X and Advik as a key player within it.
Aditya Bhartia, Managing Director for Advik Hi-Tech, said, “India is destined to be a leader in the hydrogen industry with strong support from government and Industry and as a company which has always been ahead of the curve, we are aggressively pushing into the Hydrogen space as a core growth area for our company and as a leader of this movement in the country.
“We have great confidence in the product range from H2X as being one with several key opportunities to support to deployment of hydrogen in the Indian market and together with our local knowledge and expertise we see great opportunity to develop this for acceleration of the Indian clean energy movement.”
Brendan Norman, CEO of H2X Global, said, “We have long believed India is one of the great manufacturing powers of the world and we have found a great player in the automotive Industry in Advik.
“The cooperation between our companies gives us great strength in being able to address India but also to provide us with a strong manufacturing backbone to support our production activities in Australia and other parts of the world as well.”
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