Danfoss India, PowerNEU Form Joint Venture for Metals Industry Decarbonisation

Jamshedpur facility aims to serve steel producers across eastern India with energy-efficient technologies as demand for green steel rises and industries pursue emissions reduction targets.

16 Jan 2026 | 260 Views | By Angitha Suresh

Danfoss India and PowerNEU have established a joint venture to provide decarbonisation solutions for India's metals and heavy industries. The partnership, formalized as Danfoss PowerNEU Private Limited, was launched with a groundbreaking ceremony for a new manufacturing facility and office in Jamshedpur, Jharkhand, on January 16, 2026.

The Jamshedpur ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

Copyright © 2026 Autocar Professional. All Rights Reserved.