Omega Seiki Mobility Omega Seiki Mobility announces new EV manufacturing unit at Pune
Pune: Electronic Vehicle (EV) manufacturer Omega Seiki Mobility said Thursday it would make an initial investment of Rs 40 crore (USD 5 Mn) to build a capacity of 6,000 electric three-wheelers per annum.
In the next three years, the company will be investing another Rs 150 crore (USD 20 Mn) to create an annual capacity of 30000 Electric three-wheelers.
OSM will be manufacturing its Cargo Electric Vehicle Range: Rage+, Rage+ Rapid, Rage+ Frost, and Rage+ Swap and Electric Passenger Vehicle Stream at the Pune Facility.
Speaking on the launch of the new manufacturing unit in Pune, Omega Seiki Mobility Founder and Chairman Uday Narang said, "The opening of our fourth manufacturing facility marks another important milestone for Omega Seiki Mobility's commitment to growing our business in India.
"Our focus continues to be on providing the best-in-class products and customer service to our local and regional customers. This facility will play a global distribution network which should leapfrog us into a market-leading position in EVs in India and overseas.”
OSM has an order book of 50,000 plus cargo electric three-wheelers.
"We have set up this facility to meet the growing demand of the market. The Pune facility will help us to aggressively expand our operations in the West of India,” added Narang
The new EV manufacturing unit at Chakan, Pune is spread over 50,000 sq. feet and will be a hub for the development and manufacturing of a complete range of Rage + Commercial Electric Vehicles and Passenger electric vehicle Stream.
The company will employ 250 plus personnel.
Pune Facility is the fourth manufacturing unit of the company, with the other three located in IMT Faridabad.
“At Omega Seiki Mobility we work on Hub and Spoke Model as the cost of transportation is very high. We will be launching four more manufacturing facilities in the next 2 years” Narang further added.
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