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Savita Oil is first in India to manufacture Ester molecule
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    Savita Oil to manufacture Ester molecule
    Savita Oil is first in India to manufacture Ester molecule

    (20 second reading) Savita Oil Technologies has become the first Indian lubricant company to manufacture Ester molecule, which is used in biodegradable applications and also acts as a cooling agent in two- and three-wheeler electric vehicles.
    The company is also looking at the possibility of using the molecule for immersion cooling of data centres. Immersion cooling is a rising technology for cooling data centres and its market is currently worth $400 million and is expected to surge to $2 billion by 2031.

    The firm’s stock price zoom 5.45 percent to Rs 516.50 on BSE at 13:26 pm on April 16.

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