Freeplay Energy India

Freeplay Energy India is a 50/50 joint venture between Freeplay Energy plc and the Narang Group, one of India’s leading industrial houses.

The joint venture provides Freeplay with a respected and experienced domestic partner to enter the Indian market, creating a platform for the development, manufacture and distribution of Freeplay's products which are particularly appropriate for India.  Freeplay provides product development for future and existing products along with manufacturing and marketing expertise while the Narang Group provides business leadership in India, utilising the sales, marketing and distribution skills they have built up over the last 100 years as a leading Indian company.  Devin Narang, Narang Group Executive Chairman, chairs the JV with Freeplay Energy plc Chairman, Rory Stear, on the board.

Rory Stear, Chairman, commented at the time of the signing of the agreement: “We are extremely excited at the possibility of entering into a joint venture agreement with the Narang Group and firmly believe that we are partnering with one of the best possible companies in India.  It is important to remember that, of the 35% of the world's population who have no access to electricity, a large proportion of these live in India so the potential applications for Freeplay's products and technology are significant.  Factor in the vigorous growth of the Indian economy and there is no doubt that this is an outstanding opportunity for Freeplay to accelerate its global growth strategy.”

Freeplay Energy India

28 Sadar Patel Road, New Delhi 110021

Tel: +91 (11) 26110969 / 26873731

Fax: +91 (11) 26119423

Chairman & Managing Director:  Devin Narang,, mobile 98100 30122

Vice President (Sales):  K. Shiv Pal Singh,, mobile 93127 16178

Advisor to Chairman:  R.K. Sharma,, mobile 98101 38574

Advisor – Technical:  Salil Ahuja,, mobile 98990 23989

General Manager (Business Development & Public Affairs):  Devendra Kumar Singh,, mobile 99711 89996

Vice President (Accounts):  S.K. Sharma,, mobile 98100 43005

Freeplay Energy’s core technology revolves around the efficient conversion and storage of applied human energy and the delivery of this energy on demand as electricity to create self-powered electronic devices.  Initial applications include radios (both consumer and humanitarian), torches/flashlights, mobile phone chargers and standalone foot chargers and the Company has a new product development plan which anticipates broadening the application of its technology into numerous new product categories.  Freeplay believes it was first to market and first to commercialise self-powered technology, has been awarded numerous patents internationally and is recognised as a leading brand in the market for such products.

The Narang Group is one of the oldest industrial houses of India.  The Group was established in 1905 and had its business interests in Sugar, Distilling & Brewing.  The Group was started by the late (Dr.) Sir G.C. Narang, who was a pioneer amongst Indian industrialists and had set up one of the first Indian-owned sugar mills in the then undivided India.  The Group recently sold its interests in the Distilling and Brewing business and is now focusing on new areas of growth.  Today, the Group is led by Devin Narang, the former Chairman of SAB Miller's Indian operations and an Executive Committee Member of the Federation of Indian Chambers of Commerce & Industry.  The Group currently operates across a broad spectrum of business areas in India and has interests in investment and property, and consultancy services.

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