Prostarm, Topband sign MoU to assemble BESS in India
Prostarm Info Systems Limited has signed a memorandum of understanding (MoU) with Shenzhen Topband Co. Ltd. to explore collaboration for manufacturing battery energy storage systems (BESS) in India under a semi-knocked down (SKD) model, according to a regulatory filing dated April 7, 2026. The company’s board approved the MoU on April 7, 2026. Under the arrangement, Topband will supply SKD BESS kits along with technology and technical know-how, while Prostarm will handle local assembly, system…