Vivanta Industries Ltd, based in Ahmedabad, is offering consultancy and turnkey solutions for projects, focusing on next-gen tech businesses. The company is expanding into drone, Information Technology, AI, Robotics, and electric vehicle charging stations. It has already begun work on drone and EV business and plans to make it big.
In September 2023, Vivanta Industries Ltd entered into an MOU with Vivanta Drone Research Centre Tanzania Ltd, acquiring a 50% stake for drone assembly and R&D. In April 2023, the company received a $5 million work order from EVOCNA for establishing an EV charging and manufacturing unit, with the goal of commercializing electric vehicle technologies.
The company is anticipated to commission a Biogas project in Sabarkantha in the near future. The company approved a 1:4 bonus issue and received trading approval from BSE on 15 September 2023. The company reported a net profit of Rs. 1.30 crore for FY23.
