Zelio E-Mobility Opens Manufacturing Plant in Cuttack

04 Mar 2026 CW Team

With the commissioning of the Odisha plant total installed production capacity has increased from 72,000 units per annum to 180,000 units per annum, reflecting the company’s accelerated capacity push. The Hisar facility has been enhanced from 72,000 units to 120,000 units per annum through process optimisation, extended conveyor systems and additional machinery, while the newly commissioned Odisha plant contributes 60,000 units per annum. Management expects the regional production hub to enable faster product availability and improved after-sales responsiveness for dealers and customers.

Investment in the Odisha facility was reported as under Rs 30 mn and the plant is operational with immediate revenue contributions expected. The company reported consolidated revenue of Rs 1.3478 bn in the first half of fiscal year 2026 and net profit of Rs 118.7 mn, and it noted that proceeds from an earlier SME initial public offering of Rs 783.4 mn included approximately Rs 360 mn earmarked for capacity expansion and new facilities. By FY26–FY27 the Odisha plant is projected to contribute a significant share to overall revenues.

The 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. Discussions with the Odisha government regarding potential incentives and support programmes are ongoing as the plant initially focuses on electric two-wheelers. The company intends that the regionally located production hub will reduce delivery timelines and support continued expansion across Tier two and Tier three cities.

Zelio E-Mobility Limited (the company) has commissioned a new manufacturing facility in Cuttack, Odisha, marking a significant milestone in its expansion across eastern India. The company, a rapidly expanding maker of electric two- and three-wheelers, said the decision follows strong demand and customer acceptance in Odisha and West Bengal, which have emerged as high-growth markets. The new plant is intended to reduce delivery timelines, lower logistics costs and improve supply chain efficiency while strengthening dealer support across eastern and southern India. With the commissioning of the Odisha plant total installed production capacity has increased from 72,000 units per annum to 180,000 units per annum, reflecting the company’s accelerated capacity push. The Hisar facility has been enhanced from 72,000 units to 120,000 units per annum through process optimisation, extended conveyor systems and additional machinery, while the newly commissioned Odisha plant contributes 60,000 units per annum. Management expects the regional production hub to enable faster product availability and improved after-sales responsiveness for dealers and customers. Investment in the Odisha facility was reported as under Rs 30 mn and the plant is operational with immediate revenue contributions expected. The company reported consolidated revenue of Rs 1.3478 bn in the first half of fiscal year 2026 and net profit of Rs 118.7 mn, and it noted that proceeds from an earlier SME initial public offering of Rs 783.4 mn included approximately Rs 360 mn earmarked for capacity expansion and new facilities. By FY26–FY27 the Odisha plant is projected to contribute a significant share to overall revenues. The 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. Discussions with the Odisha government regarding potential incentives and support programmes are ongoing as the plant initially focuses on electric two-wheelers. The company intends that the regionally located production hub will reduce delivery timelines and support continued expansion across Tier two and Tier three cities.

Resources

04 Mar 2026

DP World Installs Container Pavilion In Lucknow

DP World has expanded its Beyond Boundaries Initiative with the installation of a repurposed shipping container pavilion and the distribution of 250 cricket kits in Lucknow, aimed at strengthening grassroots access to cricket in Uttar Pradesh. The converted shipping container has been developed into a multi-purpose pavilion for training, preparation and rest. It was unveiled at the Bharat Ratna Shri Atal Bihari Vajpayee Cricket Stadium in the presence of former Indian cricketer Yuvraj Singh and will be permanently housed at Sage Cricket Academy. The initiative has been implemented in partner..

Infrastructure Urban

04 Mar 2026

KEC International Secures New Orders Worth Rs 10,020 mn

KEC International Limited has secured new orders totalling Rs 10,020 mn across its businesses, the company said on 24 February 2026. The orders were received in the normal course of business and cover Transmission and Distribution and Cables and Conductors verticals. The company indicated that the wins strengthen its order book and diversify its customer mix in India. The orders reflect continued demand for infrastructure solutions and follow sustained bidding activity. The Transmission and Distribution business secured composite orders for 220/132 kV transmission lines, substations and extra ..

Infrastructure Urban

04 Mar 2026

Coforge Wins $158 Million Five-Year UK Contract

Coforge Limited has secured a US dollar 158 million (mn) five-year contract with a United Kingdom based client that will commence in April 2026. Revenue under the agreement will be accrued evenly over the five-year term. The company anticipates material expansion of ancillary revenue around this core engagement from the same client over the contract period. The arrangement underscores client confidence in the firm's delivery model and its ability to scale services across multiple jurisdictions. The firm will provide digital services and solutions under the contract and expects deliverables to ..