Engineering firm drives growth in India with bank’s backing

Wilson Power Solutions, a Leeds-based manufacturer of energy infrastructure equipment, is set to continue expanding with support from a seven-figure funding package from HSBC in the UK and India.

The bank’s funding will provide working capital to help the business as it pursues significant contracts, such as the India national railway. This will allow the firm to scale up its workforce in India and buy raw materials at short notice. As a result, the business expects to grow its Indian operations by 50% in the... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...