CTC Global and India's Gupta Power have recently announced a partnership. Production, distribution, marketing and retailing of ACCC wires made of carbon fiber composite cores with international patent rights of CTC Global in India. Settled and withdrew the lawsuit filed by CTC Global in India regarding its exercise of patent rights.
CTC Global will provide Gupta Power with a series of patented ACCC carbon fiber composite cores in different size ranges. Gupta Power will produce and deliver ACCC wires to meet the growing demand for power transmission and distribution facilities in India.
JD Sitton, CEO of CTC Global, said: "CTC has been working hard to develop technology products and defend its patent rights. I am glad that Gupta Power has accepted and respected CTC's efforts and looks forward to working with Gupta Power in the future to provide more Value product. "
Mahendra Gupta, General Manager of Gupta Power, added, "For the past fifty years, we have been committed to excellence in manufacturing innovative and quality products to meet the growing needs of customers and consumers in the utility sector. We are very pleased to work with CTC Global A strong partnership has been established and we look forward to strengthening this relationship with many Indian utilities. "
The agreement between CTC Global and Gupta Power marks the beginning of a long-term partnership between the two parties. As one of CTC Global's international manufacturing partners, Gupta Power will provide better regional market access and customer support for higher performance and more energy efficient ACCC wires. CTC Global's ACCC wire has been deployed to more than 600 project sites in more than 50 countries around the world, improving the efficiency, capacity, reliability and resilience of the grid in the face of extreme conditions.