Omega Seiki to set up two plants for battery, powertrain manufacturing with an investment of Rs 800 crore

Omega Seiki to set up two plants for battery, powertrain manufacturing with an investment of Rs 800 crore


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Company’s founder and chairman Uday Narang gave this information. This company is part of the Omega Group. The company has formed a joint venture with the American company IM3NY. This will enable it to bring the US company’s cell technology to India and manufacture it locally.

Electric vehicle company Omega Seki Mobility plans to invest Rs 800 crore in setting up two plants for battery and powertrain manufacturing in the next two years. Company’s founder and chairman Uday Narang gave this information. This company is part of the Omega Group. The company has formed a joint venture with the American company IM3NY. This will enable it to bring the US company’s cell technology to India and manufacture it locally.

In addition, Omega Seki will also manufacture six electric vehicle powertrains ranging from 7 kW to 34 kW based on technology from South Korean JV partner Jae Sang. Through this, the company intends to become a fully integrated OEM (Original Equipment Manufacturer). Narang told PTI that through these technologies, Omega Seiki would gain control over important parts of the supply chain and become a major player in the industry. When asked about the investment, he said, “We will invest Rs 800 crore in setting up two factories in the next two years. We will set up a powertrain plant in Haryana. The battery factory will be set up in Maharashtra.

Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.



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