March 17th 2025
Rana Group venture secures massive funding for Smart Manufacturing Hubs across multiple continents.
Delhi-based Erisha E Mobility has just secured a massive $1 billion investment from a leading UAE industrial group. This huge cash boost comes at a perfect time for the Indian electric vehicle maker.
The company will use this money to grow beyond India into new markets. These include the UAE, Saudi Arabia, USA, Europe, and parts of Africa.
Dr. Darshan Rana, who leads Erisha E Mobility, expressed his excitement about the deal. “This investment will help us change the green energy sector worldwide,” he said. “Together with our partners, we’ll build cutting-edge facilities that set new standards in clean manufacturing.”
Big Names Join Forces
At the same time, Erisha has formed a partnership with China Construction Eighth Engineering Division (CCEED). This company is part of China’s largest construction firm, which ranks 9th on the Fortune 500 list.
CCEED will build Erisha’s first Smart Manufacturing Hub in the UAE. Later on, they’ll work together on other projects around the world.
These partnerships show strong faith in Erisha’s business plan. Moreover, they create a powerful team that combines funding, technical know-how, and building expertise.
“Getting such a large investment today shows that investors really believe in what Erisha is doing,” said Priya Sharma, an analyst at Green Capital Partners. “Furthermore, having China’s biggest builder on board creates a winning combination of money, skills, and ability to get things done.”
Complete Green Communities
Erisha’s plans stand out because they go beyond just making vehicles. Instead, they’re creating entire communities centered around green technology.
Each Smart Manufacturing Hub will make:
- Electric and hydrogen vehicles
- Parts for green vehicles
- Equipment for hydrogen production
- Renewable energy technology
- Electric aircraft (eVTOL)
- Semiconductor components
Additionally, these hubs will include homes, schools, hospitals, shopping centers, and offices. As a result, they’ll function as complete mini-cities focused on sustainable living.
The UAE investor backing this vision is a major industrial player in the Gulf. They bring extensive experience in heavy machinery, construction, and metal processing.
For Erisha, which is part of the larger Rana Group, this deal marks a turning point. Until now, they’ve focused on developing electric powertrains and hydrogen technology with European partners. However, with this fresh funding and strong allies, they can now leap from local player to global competitor.
Industry experts are watching closely to see how Erisha’s expansion affects the competitive landscape. In conclusion, this massive investment signals that green mobility’s future may be shaped by new players from unexpected places.
