Olectra Greentech: acquired 150 Acres of land

 

  • Olectra Greentech: acquired 150 Acres of land


  • 10,503 units Orders On hand  
  • Primarily engaged in manufacturing of electric buses and composite polymer insulators  
  • Manufacturers of the seven-meter, ninemeter and twelve-meter models of the electric buses in India  
  • Future Road Map  
  • Company had acquired 150 Acres of land from Telangana State Industrial Infrastructure Corporation Limited Company established a greenfield electric vehicle manufacturing plant for which 150 acres of land has been acquired 
  • Company has commenced partially operations for manufacturing electric buses and other EV products in the new plant 
  • Strengthening Inter city / Inter state Private Transport Segment 
  • New plant has an initial Capacity of 5,000 electric vehicles per year and scalable to 10,000 electric vehicles/year  
  •   Expansion into adjacent markets in the electric vehicle ecosystem and new geographies
  • Leveraging technological capabilities and market-share to continue catering to the growing demand for E-Buses 
  • Leverage experience in the manufacturing of EBuses and Composite Insulators to capitalize on significant market opportunities    

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