AIL will manufacture and/or assemble product for Indian market with GouFu technology and will sell under AlL's brand which will strengthen its position in the market and allow to offer innovative and sustainable energy solutions to its customers.

Advait Infratech is engaged in business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.

The firm's consolidated net profit jumped 52.6% to Rs 8.12 crore in FY23 as compared with Rs 5.32 crore in FY22. Net sales increased 30.5% year on year to Rs 102.65 crore in QFY23 over FY22.