PGEL, PAX Begin Local POS Production

  Published 11 months ago

PGEL partners with PAX to locally produce POS devices, marking entry into fintech hardware manufacturing.

  • Production starts end, 2025 at PGEL’s existing facilities, supporting India’s Make in India initiative and local job creation.
  • PAX gains Indian market reach, combining its technology with PGEL’s proven manufacturing expertise for growth.
  • Stock rose 17.17% in four sessions, reflecting investor confidence in the new partnership and growth.

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