In a significant advancement for India’s power and infrastructure manufacturing sector, Zetwerk Manufacturing Businesses Pvt Ltd, a digital manufacturing platform, has obtained a controlling interest in KRYFS Power Components Ltd., a leading player in transformer solutions.

This strategic decision places Zetwerk at the leading edge of India's energy and electrification transformation, merging advanced digital manufacturing with years of engineering expertise to cater to a rapidly expanding, innovation-driven global market.

The merger establishes a powerful entity in India’s electrical and renewables manufacturing sector, combining Zetwerk’s digitally-driven supply chain and international manufacturing network with KRYFS’s extensive industry knowledge, NABL-certified laboratories, POWERGRID-validated facilities (up to 765 kV), and ten operational plants nationwide. KRYFS is the sole manufacturer in India of 765 KV class transformer laminations and transformer tanks.

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“Zetwerk’s mission has always been to build the most reliable and digitally-enabled manufacturing platform for the world. With KRYFS, we are deepening that promise in the Energy Transition space. KRYFS has been an enduring symbol of trust in power component manufacturing. Their domain leadership in transformer components and unwavering commitment to quality make them a natural fit for us. This partnership isn’t just about scale, it’s about shaping the next generation of infrastructure manufacturing solutions in India, for India and for the world,” says Amrit Acharya, CEO and Co-founder, Zetwerk.

“This is not just about one company acquiring another. This is about building an industrial backbone for India’s next decade—electrified, digitized, and self-reliant,” adds Amrit.

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“Our customers are at the heart of this journey. With Zetwerk, we’re not only safeguarding our legacy of quality and trust—we’re elevating it. We’re offering smarter solutions, greater capacity, and the confidence of supply continuity backed by global systems and capital strength. This partnership brings together the strengths of a 33-year-old industry leader and a dynamic 7-year-old new-age company—bridging the old economy with the new. It’s a powerful fusion we call the NOW (new+old world) Economy—where legacy expertise meets modern innovation to unlock greater value,” adds Saif Qureishi, CEO & Managing Director of KRYFS.