Facility Launch and Capacity Details
Olectra Greentech activated its greenfield plant in Pochampally, Hyderabad, for electric bus production. The facility holds 1,200 units annual capacity with integrated battery systems. It targets state transport corporations and metro operators nationwide. Advanced automation ensures high-volume output with quality standards. Commercial operations mark a key expansion milestone.
Strategic Location and Technology Edge
Hyderabad’s location optimizes logistics for southern markets and national tenders. The plant incorporates BYD’s battery tech and indigenous assembly lines. Olectra eyes PM E-DRIVE e-bus allocations through this infrastructure. Production scales for LPO and city transit contracts. Local sourcing enhances cost competitiveness.
Market Impact and Growth Outlook
Shares rose 4% post-announcement, reflecting investor confidence in e-mobility scale-up. Olectra strengthens its leadership in fully-built e-buses. Facility supports India’s urban air quality goals and fuel import reduction. It creates 500+ direct jobs in Telangana’s EV corridor. Partnerships with global tech firms drive innovation.
