StockWatch
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2/3 Wheelers
Expansion28 Oct 2026, 05:50 pm

Zelio E-Mobility Commences Production at New Haryana Plant

AI Summary

Zelio E-Mobility Limited has officially commenced commercial production at its new manufacturing facility located in Patan, Hisar, Haryana, effective October 28, 2026. This expansion significantly increases the company's overall production capacity for two-wheelers and three-wheelers. The new plant aims to enhance production, improve regional supply, optimize logistics, achieve backward integration, and leverage greater operating efficiencies. The company has added a capacity of 48,000 units per annum for two-wheelers and 24,000 units per annum for three-wheelers. The investment in this plant exceeds ₹20 Crore, with a portion funded by IPO proceeds and the remainder through internal accruals. This move is part of the company's approved capital expenditure plan.

Key Highlights

  • Commercial production started at new Patan, Hisar plant from Oct 28, 2026.
  • Capacity expanded by 48,000 units (2W) and 24,000 units (3W) annually.
  • Investment in the new plant exceeds ₹20 Crore.
  • Funding partly from IPO proceeds, balance from internal accruals.
  • Aims to enhance production, optimize logistics, and achieve backward integration.