Samko Group and Sram & Mram Group Sign JV to lead Nikola Tesla AI-Ready Smart Cities, BESS Manufacturing, and Major Townships in Tamil Nadu & the UK
Nov 28, 2025
New Delhi [India], November 28: Samko Renewable Energy Limited, a subsidiary of Samko Holdings UK, and SRAM & MRAM Projects Limited, a subsidiary of the SRAM & MRAM Group, have today announced the signing of a landmark Joint Venture Association Agreement (JVAA) to establish Samko SRAM & MRAM BESS Limited jointly. This joint venture company will lead the rollout of Nikola Tesla's global network of an integrated manufacturing township to build a Smart city with GIGA Factories, Towers, Commercial Malls, Coffee Shops, and Resorts, beginning in Tamil Nadu, India, and the United Kingdom. The JV will serve as the strategic implementation vehicle for the "Nikola Tesla Smart City Project" -- a multi-billion-dollar initiative that envisions advanced Gigafactory-scale townships in Tamil Nadu, India, and the United Kingdom. Each facility, covering a minimum of 100 acres and built over 18 months, will integrate next-generation automation, renewable-energy systems, and circular-economy production models.
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