Zelio E-Mobility Opens Cuttack Plant to Boost Eastern India Presence

04 Mar 2026 CW Team

With the commissioning the total installed production capacity has increased from 72,000 units per annum to 180,000 units per annum, with the new Odisha plant contributing 60,000 units and the Hisar facility upgraded to 120,000 units. The Hisar expansion was achieved through process-level optimisation, installation of extended conveyor systems and additional machinery, enabling higher throughput without immediate need for new greenfield investment.

Investment in the Odisha facility was reported as under Rs 30 mn and the plant is operational and expected to contribute to revenue immediately. The Company recorded consolidated revenue of Rs 1,347.8 mn in the first half of the financial year and net profit of Rs 118.7 mn, and it completed an SME initial public offering raising Rs 783.4 mn. Approximately Rs 360 mn of IPO proceeds remain unutilised and have been earmarked for capacity expansion and new facilities.

The Cuttack facility is expected to generate employment for 60 to 100 individuals across production and operational functions and will initially focus exclusively on electric two-wheelers. Discussions with the state government regarding potential incentives and support programmes are ongoing, and the Company indicated the plant will enhance after-sales responsiveness, inventory support and faster product availability for dealers. The expansion is presented by the Company as part of a broader strategy to accelerate growth in Tier two and Tier three cities and to create long-term value while supporting regional economic development.

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Zelio E-Mobility Limited (the Company) has commissioned a new manufacturing facility in Cuttack, Odisha, to strengthen its presence across eastern India. The move follows strong demand and customer acceptance in Odisha and West Bengal, which the Company identified as high-growth markets. The facility is expected to reduce delivery timelines, lower logistics costs and improve supply chain efficiency while strengthening dealer support across eastern and southern India. With the commissioning the total installed production capacity has increased from 72,000 units per annum to 180,000 units per annum, with the new Odisha plant contributing 60,000 units and the Hisar facility upgraded to 120,000 units. The Hisar expansion was achieved through process-level optimisation, installation of extended conveyor systems and additional machinery, enabling higher throughput without immediate need for new greenfield investment. Investment in the Odisha facility was reported as under Rs 30 mn and the plant is operational and expected to contribute to revenue immediately. The Company recorded consolidated revenue of Rs 1,347.8 mn in the first half of the financial year and net profit of Rs 118.7 mn, and it completed an SME initial public offering raising Rs 783.4 mn. Approximately Rs 360 mn of IPO proceeds remain unutilised and have been earmarked for capacity expansion and new facilities. The Cuttack facility is expected to generate employment for 60 to 100 individuals across production and operational functions and will initially focus exclusively on electric two-wheelers. Discussions with the state government regarding potential incentives and support programmes are ongoing, and the Company indicated the plant will enhance after-sales responsiveness, inventory support and faster product availability for dealers. The expansion is presented by the Company as part of a broader strategy to accelerate growth in Tier two and Tier three cities and to create long-term value while supporting regional economic development.

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