Startup Stairs, AITMC and Victory EV Form Alliance
ECONOMY & POLICY

Startup Stairs, AITMC and Victory EV Form Alliance

The three partners have announced a collaboration to build a nationwide, franchise-led electric vehicle ecosystem that will focus on charging infrastructure, skills development, manufacturing and entrepreneurship. The framework brings together Startup Stairs' incubation platform, AITMC Ventures Limited's skilling and infrastructure network and Victory Electric Vehicles International Limited's EV technology expertise in a phased and exploratory programme to evaluate large scale deployment and long term scalability. The initiative is designed to pilot models that can be scaled regionally and to test commercial viability before wider roll out.

A key element of the alliance is an assessment of EV focused training centres across approximately 70 Industrial Training Institutes and related facilities to equip young professionals and technicians with practical service, maintenance and charging infrastructure skills. AITMC Ventures intends to align skilling with employment and entrepreneurship by creating structured skill to income pathways that enable youth and innovators to develop ventures in EV charging and allied infrastructure, supporting India's clean energy and Aatmanirbhar Bharat goals. The partners emphasise that skill development will be targeted at creating tangible economic outcomes and sustainable local enterprises.

Manufacturing of EV chargers, batteries and components will take place at AITMC Ventures' Future Tech Park in Sisai, Hisar, with Victory Electric Vehicles International overseeing technical design, production systems and franchise operations. Startup Stairs will contribute to ecosystem development and entrepreneur onboarding while the partners coordinate phased pilot projects and franchise onboarding planned in the coming months. All activities will proceed subject to necessary regulatory approvals and further evaluation of operational and commercial parameters.

The collaboration aims to combine incubation, skilling and technical capabilities to accelerate the growth of a job ready EV workforce and to stimulate entrepreneurship across the value chain. By testing franchise led models and developing training linked to local industry demand, the alliance seeks to reduce barriers to entry for small scale operators and to facilitate the deployment of charging infrastructure at scale. The partners expect the phased approach to inform future investment and to refine standards for training, production and franchise operations.

The three partners have announced a collaboration to build a nationwide, franchise-led electric vehicle ecosystem that will focus on charging infrastructure, skills development, manufacturing and entrepreneurship. The framework brings together Startup Stairs' incubation platform, AITMC Ventures Limited's skilling and infrastructure network and Victory Electric Vehicles International Limited's EV technology expertise in a phased and exploratory programme to evaluate large scale deployment and long term scalability. The initiative is designed to pilot models that can be scaled regionally and to test commercial viability before wider roll out. A key element of the alliance is an assessment of EV focused training centres across approximately 70 Industrial Training Institutes and related facilities to equip young professionals and technicians with practical service, maintenance and charging infrastructure skills. AITMC Ventures intends to align skilling with employment and entrepreneurship by creating structured skill to income pathways that enable youth and innovators to develop ventures in EV charging and allied infrastructure, supporting India's clean energy and Aatmanirbhar Bharat goals. The partners emphasise that skill development will be targeted at creating tangible economic outcomes and sustainable local enterprises. Manufacturing of EV chargers, batteries and components will take place at AITMC Ventures' Future Tech Park in Sisai, Hisar, with Victory Electric Vehicles International overseeing technical design, production systems and franchise operations. Startup Stairs will contribute to ecosystem development and entrepreneur onboarding while the partners coordinate phased pilot projects and franchise onboarding planned in the coming months. All activities will proceed subject to necessary regulatory approvals and further evaluation of operational and commercial parameters. The collaboration aims to combine incubation, skilling and technical capabilities to accelerate the growth of a job ready EV workforce and to stimulate entrepreneurship across the value chain. By testing franchise led models and developing training linked to local industry demand, the alliance seeks to reduce barriers to entry for small scale operators and to facilitate the deployment of charging infrastructure at scale. The partners expect the phased approach to inform future investment and to refine standards for training, production and franchise operations.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement