Omega Seiki To Invest $25m In Dubai EV Assembly Plant
ECONOMY & POLICY

Omega Seiki To Invest $25m In Dubai EV Assembly Plant

Omega Seiki Mobility (OSM) will invest USD 25 million (AED 92 million) over the next five years in its new international electric vehicle assembly plant at Jafza, Dubai. The facility, launched on Wednesday, spans 42,000 sq. ft and will handle assembly of OSM’s two- and three-wheeler EVs as well as the storage and distribution of auto components and spare parts.
Assembly operations are expected to begin by the end of 2025. Strategically located to serve Middle Eastern and African markets, the plant will create over 100 jobs in its initial phase and further strengthen clean-technology trade ties between India and the UAE.
“Jafza gives us unmatched connectivity to more than 2 billion consumers and a business environment that enables speed, scale and sustainability. Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and Africa,” said Uday Narang, Founder and Chairman of OSM.
While the immediate focus will be on EVs, the company also plans to introduce CNG-powered models in select African markets, positioning CNG as a transitional clean-fuel option until EV infrastructure matures.
Abdulla Al Hashmi, COO of Parks and Zones at DP World GCC, noted that with the MENA EV market projected to reach USD 14.5 billion by 2029, Dubai is emerging as a global automotive hub. “This facility brings innovative mobility solutions closer to the region,” he said.
OSM’s portfolio includes the three-wheeler cargo Rage+ and passenger vehicle Stream, both offering ranges of up to 270 km, fast-charging, battery-swapping, and IoT-enabled fleet optimisation.

Omega Seiki Mobility (OSM) will invest USD 25 million (AED 92 million) over the next five years in its new international electric vehicle assembly plant at Jafza, Dubai. The facility, launched on Wednesday, spans 42,000 sq. ft and will handle assembly of OSM’s two- and three-wheeler EVs as well as the storage and distribution of auto components and spare parts.Assembly operations are expected to begin by the end of 2025. Strategically located to serve Middle Eastern and African markets, the plant will create over 100 jobs in its initial phase and further strengthen clean-technology trade ties between India and the UAE.“Jafza gives us unmatched connectivity to more than 2 billion consumers and a business environment that enables speed, scale and sustainability. Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and Africa,” said Uday Narang, Founder and Chairman of OSM.While the immediate focus will be on EVs, the company also plans to introduce CNG-powered models in select African markets, positioning CNG as a transitional clean-fuel option until EV infrastructure matures.Abdulla Al Hashmi, COO of Parks and Zones at DP World GCC, noted that with the MENA EV market projected to reach USD 14.5 billion by 2029, Dubai is emerging as a global automotive hub. “This facility brings innovative mobility solutions closer to the region,” he said.OSM’s portfolio includes the three-wheeler cargo Rage+ and passenger vehicle Stream, both offering ranges of up to 270 km, fast-charging, battery-swapping, and IoT-enabled fleet optimisation.

Next Story
Infrastructure Urban

Ceigall JV Wins Rs 5.1 Billion Mohali Infra Project

EPC company Ceigall India on Sunday announced that it has secured an infrastructure project worth Rs 5.1 billion in a joint venture with JSP Projects.The Greater Mohali Area Development Authority (GMADA) has awarded the contract for the Aerotropolis project in Mohali, covering the construction of internal roads along with civil, public health and electrical works. The project will be executed within 24 months under an item-rate contract.Ramneek Sehgal, Chairman and Managing Director of Ceigall India, said: “The Aerotropolis project is a transformative urban initiative, and we are proud to co..

Next Story
Infrastructure Urban

Reloy Projects Rs 500 Million Revenue in FY26

HDFC Capital-backed proptech startup Reloy, which enables builders to generate referral sales, expects its revenue to grow by 75 per cent this fiscal to around Rs 500 million, supported by strong housing demand.The company reported a 60 per cent rise in gross revenue in FY25 to Rs 285 million, up from Rs 178 million in the previous year.“We are expecting to clock Rs 450–500 million in revenue in the current fiscal,” said Reloy founder and CEO Akhil Saraf...

Next Story
Building Material

Jindal Stainless to Invest Rs 7 Billion in Green Projects

Jindal Stainless announced on Thursday that it is investing Rs 7 billion in decarbonisation initiatives and has cut 318,248 metric tonnes of CO2 emissions in FY25.The company said it has undertaken several measures to reduce its carbon footprint, including commissioning Odisha’s largest captive solar plant. Over the next few years, JSL plans to channel Rs 7 billion into decarbonisation, energy efficiency upgrades, supply chain digitisation for transparency, and community initiatives in education, healthcare and skills development.In FY25, JSL achieved a 14 per cent year-on-year reduction in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?