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Zelio E-Mobility Commissions New Cuttack Plant
ECONOMY & POLICY

Zelio E-Mobility Commissions New Cuttack Plant

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.

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.

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