Zelio E-Mobility Commissions New Cuttack Plant

04 Mar 2026 CW Team

With the new plant in Odisha the company's total installed production capacity has increased from 72,000 units per annum to 180,000 units per annum, while the Hisar facility has been enhanced from 72,000 units to 120,000 units per annum. The Odisha plant contributes 60,000 units per annum and the Hisar expansion was achieved through process-level optimisation, extended conveyor systems and additional machinery. Management anticipates that the regional production hub will strengthen dealer support across eastern and southern India.

The company reported consolidated revenue for the first half of FY26 at Rs 1,347.8 million (mn) and net profit of Rs 118.7 mn. Investment in the Odisha facility was under Rs 30 mn and the plant is operational and expected to contribute to revenue immediately. Earlier in the year the company completed an SME initial public offering of Rs 783.4 mn, with approximately Rs 360 mn of unutilised proceeds earmarked for capacity expansion and new facilities.

The Odisha facility is expected to generate employment for approximately 60 to 100 individuals across production and operational functions, reinforcing the company's commitment to regional economic development. The managing director said that setting up the Cuttack facility would enable faster deliveries, lower logistics costs and improved serviceability, and that the expansion formed part of a broader strategy to strengthen the electric vehicle ecosystem. Management added that the plant would support faster product availability and improved after-sales responsiveness as demand for affordable electric mobility grows in Tier two and Tier three cities.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Zelio E-Mobility Limited has commissioned a new manufacturing facility in Cuttack, Odisha, as part of its expansion across eastern India. The move follows strong demand and customer acceptance in Odisha and West Bengal, which the company has identified as high-growth markets. The facility is intended to reduce delivery timelines, lower logistics costs and improve supply chain efficiency for dealers and customers. With the new plant in Odisha the company's total installed production capacity has increased from 72,000 units per annum to 180,000 units per annum, while the Hisar facility has been enhanced from 72,000 units to 120,000 units per annum. The Odisha plant contributes 60,000 units per annum and the Hisar expansion was achieved through process-level optimisation, extended conveyor systems and additional machinery. Management anticipates that the regional production hub will strengthen dealer support across eastern and southern India. The company reported consolidated revenue for the first half of FY26 at Rs 1,347.8 million (mn) and net profit of Rs 118.7 mn. Investment in the Odisha facility was under Rs 30 mn and the plant is operational and expected to contribute to revenue immediately. Earlier in the year the company completed an SME initial public offering of Rs 783.4 mn, with approximately Rs 360 mn of unutilised proceeds earmarked for capacity expansion and new facilities. The Odisha facility is expected to generate employment for approximately 60 to 100 individuals across production and operational functions, reinforcing the company's commitment to regional economic development. The managing director said that setting up the Cuttack facility would enable faster deliveries, lower logistics costs and improved serviceability, and that the expansion formed part of a broader strategy to strengthen the electric vehicle ecosystem. Management added that the plant would support faster product availability and improved after-sales responsiveness as demand for affordable electric mobility grows in Tier two and Tier three cities.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..